Solar guys shine light on Islamic debt structures
The marketing campaign of solar panel and heating installer The Solar Guys' first sukuk has been going on for a while. The Islamic bond, due in the first half of 2013, serves to fund a 250MW solar power plant in Indonesia. The Solar Guys and Mitabu have formed a joint venture called SGI-Mitabu. The joint venture aims to raise $500 million to build and finance the power plant.