Cleantech Solar and ING ink Asia Pacific’s largest green loan for commercial and industrial rooftop solar projects
Cleantech Solar and ING ink Asia Pacific’s largest green loan for commercial and industrial rooftop solar projects
Singapore, 23 June 2020 – Cleantech Solar, one of the largest commercial and industrial (C&I) focused solar PV developers in Asia, has secured a US$75 million green loan from ING Bank N.V., Singapore Branch (ING). ING was the sole Mandated Lead Arranger and Green Structuring Advisor. This is the largest green loan in Asia Pacific to date in the C&I renewables sector, with the proceeds used to finance Cleantech Solar’s expansion across Southeast Asia.
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