U.S. supports solar exports to Mexico

North America

Tuesday, January 29, 2013

The U.S. Export-Import Bank will guarantee a $780,000, 10-year loan to be made by UPS Capital Business Credit to finance the export of photovoltaic solar modules from Suniva Inc. in Norcross, Ga., to a rooftop solar-power project of Grupo Metal Intra S.A.P.I. de C.V. (GMI) in Mexico. The transaction is being made possible by using medium-term buyer financing that is available to support smaller-scale renewable energy projects in Mexico and in most other countries, the bank said. &...

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