CDB LEASING (ASX: 01606) has announced the execution of a finance lease arrangement.
The company, acting as the lessor, entered into the agreement with the lessee and the seller after trading hours on June 2, 2026.
Under the terms of the arrangement, the company, as the buyer, has agreed to purchase the transaction assets from the seller, Zhejiang Yunda Energy Construction Co., Ltd., for a consideration of RMB 1.47 billion.
Concurrently, the company, as the lessor, has agreed to lease these assets back to the lessee, Anda City Tianying New Energy Co., Ltd., under a finance lease contract with a term of 216 months.
The leased assets consist of wind farm equipment and ancillary facilities located in Heilongjiang Province, China, which are owned by the lessee.
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