Aiko Solar and Midea Capital were among the participants in a round which will support ongoing construction of Gaojing's solar wafer production facility.
China-headquartered solar wafer producer Guangdong Gaojing Solar Energy Technology has raised RMB1.6bn ($251m) in a series A round featuring solar cell provider Shanghai Aiko Solar Energy and home appliance manufacturer Midea, DealStreetAsia reported yesterday.
China Life Investment Management, a subsidiary of insurance group China Life, also took part in the round, as did the state-owned Huafa Group, IDG Capital, Guangdong Finance Fund Management and Shenzhen Investment Holdings.
Confirmation of the transaction came after Aiko Solar revealed last month it was…
