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Canadian Solar Inc receives C$ 52 mln non-recourse construction loan from Natixis

Wednesday, 26 Feb 2014 07:00am EST 

Canadian Solar Inc:Says that Natixis, New York Branch/Norddeutsche Landesbank Girozentrale, New York Branch/Cooperative Centrale Raiffeisen-Boerenleenbank B.A./Rabobank Nederland, New York Branch (Natixis) will provide the company with up to C$ 52 Million, in non-recourse, construction plus term financing.The loan facility has a maturity term of construction plus 10 years and will be used to finance the previously announced 10MW (ac) utility-scale solar power project Glenarm, which is being acquired by DIF Infra 3 RE Canada (Ltd). 

Company Quote

1.51 +5.60%
16 Oct 2014