L R AS Published on Monday 6 January 2020 - n° 303 - Categories:funding
REC Silicon must refund €15 million
A Finnish lender is claiming repayment from REC Silicon of a NOK 150 million (Norwegian kroner) loan (€15 million) granted in 2012,
when REC's wafer production subsidiary went bankrupt.
This comes at a time when REC is in serious financial difficulty.
PV Magazine of December 23rd