It was a leader of a new breed of alternative hedge funds that invested in high-yield loans to junk-rated corporate borrowers and helped fuel a leveraged buy-out boom in the process.
作为另类对冲基金的领导者,这个过程中,公司将高收益贷款投向公司借贷者并且推动杠杆收购的繁荣。
But so is hard economics: low installation and Labour costs, clean power delivery at peak midday hours and a hedge against fuel-price volatility.
对于理性的经济而言也是如此:安装费用低,人力资源消耗低,在中午用电高峰期输送清洁能源以及可以抵御波动的石油价格。
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