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Canadian Solar Secures Additional 487 Million Brazilian Reais Financing for Solar Power Projects in Brazil
Last canadian solar inc. - common shares earnings: 3/26 06:00 am
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US:NASDAQ Investor Relations: investors.canadiansolar.com
GUELPH, Ontario, Aug. 28, 2019 /PRNewswire/ -- Canadian Solar Inc. (the "Company", or "Canadian Solar") (NASDAQ: CSIQ), one of the world's largest solar power companies, today announced it has secured 487.0 million Brazilian reais (US$ 120 million) non-recourse project financing from Banco do Nordeste do Brasil S.A. (BNB) for its Francisco Sa and Jaiba solar power projects. Since the beginning of 2019, Canadian Solar has secured BRL 782 million (US$ 192 million) solar project financing with BNB. The 114.3 MWp Francisco Sa and 112.4 MWp Jaiba projects will be funded over 23 years across the construction and operation phases of the projects. The inflation-linked debt tied to the National Consumer Price Index (IPCA) will provide improved capital and resource alignment with the Brazilian economy. Dr. Shawn Qu, Chairman and CEO of Canadian Solar commented, "We are delighted to close our third and fourth consecutive project financings with BNB. These new financings affirm the public sector'
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- Canadian Solar Inc. (NASDAQ: CSIQ) was downgraded by analysts at StockNews.com from a "hold" rating to a "sell" rating.[MarketBeat]
- Canadian Solar Inc. (NASDAQ: CSIQ) was downgraded by analysts at The Goldman Sachs Group, Inc. from a "neutral" rating to a "sell" rating. They now have a $11.00 price target on the stock, down previously from $14.00.[MarketBeat]
- Canadian Solar to Supply 315 MWh Battery Energy Storage in Texas [Yahoo! Finance][Yahoo! Finance]
- Canadian Solar Inc. (NASDAQ: CSIQ) is now covered by analysts at Mizuho. They set an "outperform" rating and a $20.00 price target on the stock.[MarketBeat]
- Canadian Solar to Deliver 315 MWh DC of Battery Energy Storage Solutions and up to 2 GWp of Solar Modules to Sunraycer Projects in Texas [Yahoo! Finance][Yahoo! Finance]
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SEC Filings
- 12/16/24 - Form 144
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