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0 0 -0.0122426265998886 -0.0172509738452976 -0.0127991096271562 0.000556483027267755 0.00556483027267676 0.0200333889816362
Stock impact report

Recurrent Energy secures $1.41bn to boost portfolio in Europe [Yahoo! Finance]

Canadian Solar Inc. - Common Shares (CSIQ) 
Last canadian solar inc. - common shares earnings: 3/26 06:00 am Check Earnings Report
US:NASDAQ Investor Relations: investors.canadiansolar.com
Company Research Source: Yahoo! Finance
The multi-currency revolving credit facility will be available for an initial period of three years from 2024, with options for extension. The facility, initially sized at €674m, has the potential to be upsized to €1.3bn. It will be directed towards the development and construction of solar and battery energy storage systems (BESS) projects across European countries, including Spain, Italy, the UK, the Netherlands and France. The financing will initially support the construction of 1GW of solar capacity, with the majority located in Spain and the remainder in the UK. Recurrent Energy, a subsidiary of Canadian Solar, has a strong project development pipeline including 26GW of solar and 56 gigawatt hours of BESS globally. The agreement for the latest financing was facilitated by Santander CIB, serving as the global co-ordinator and sole book-runner, and ING as the sole issuing bank and sole sustainability coordinator. Additional financial partners participating in the debt Show less Read more
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