Solar Millennium Plans Bond to Fund Plant, FT Deutschland Says

By Nicholas Comfort – Feb 16, 2011 11:02 PM MT

Solar Millennium AG plans to sell a bond to help fund a solar power plant it will start building in Blythe, California this year, Financial Times Deutschland said, citing Christoph Wolff, the company’s chief executive officer.

Deutsche Bank AG and Citigroup Inc. are also looking for investors for the project, the first half of which will cost $2.8 billion, the German newspaper reported, citing an interview with the CEO of Erlangen, Germany-based Solar Millennium.

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