Parent company hopes to receive a $392m windfall - half of it upfront - by offering shares in its solar farm operations unit and then using the net profits to sell the newly-spun out business its six-project PV portfolio in China.Solar glass manufacturer Xinyi Solar will ask shareholders this month to vote on a proposal to spin off its solar project operations business by way of a float that it hopes will raise RMB2.7 billion ($392 million) to expand its glass production capacity. An extraordinary general meeting will be held on November 21 to consider a public offering of the parent company's ...Den vollständigen Artikel lesen ...