Gigasun Lands CNY100 Million Loan Facility

08:03 AM EDT, 09/09/2026 (MT Newswires) -- Gigasun (GIGA.ST) said Wednesday it secured a 100 million-yuan loan facility as part of its refinancing in China. The new 10-year loan carries an interest rate of 4.8% and will replace an existing seven-year facility with a rate of 6.8%. The refinancing aims to cut the Swedish solar energy company's interest costs and boost earnings by 2 million yuan annually.