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LDK Solar Signs 64-Megawatt Contract With Energy Absolute

LDK Solar Co., the Chinese solar manufacturer that missed a bond payment last year, agreed to supply the Thai developer Energy Absolute PCL (EA) with 64 megawatts of panels.

LDK will deliver the panels this month through September, according to a statement today from the Xinyu, China-based company and its provisional liquidators in the Cayman Islands.

A majority of LDK’s bondholders agreed in March to a restructuring deal after the company missed a semi-annual payment in August 2013 on its 1.7 billion yuan ($274 million) of notes that matured Feb. 28.

To contact the reporter on this story: Ehren Goossens in New York at egoossens1@bloomberg.net

To contact the editors responsible for this story: Reed Landberg at landberg@bloomberg.net Will Wade, Tina Davis

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