Jinko raised its full-year 2014 guidance for project development from 400MW to more than 600MW as a result of the deal.
The trio pf private equity investors are China Development Bank International (CDBI), a fund managed by Macquarie of Australia and New Horizon Capital.
After the investments the three will be left holding 45% of JinkoSolar Power Engineering Group, Jinko’s downstream division.
Xiande