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Stock impact report

Canadian Solar Completes the Sale of 20 Percent Interest in the 399 MWp Pirapora Solar Complex in Brazil

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: PR Newswire
GUELPH, Ontario, Dec. 21, 2018 /PRNewswire/ -- Canadian Solar Inc. ("Canadian Solar") (NASDAQ: CSIQ),  one of the world's largest solar power companies, today announced it has completed the sale of its 20% interest in the 399 MWp Pirapora solar complex in Brazil to Omega Geracao S.A.(Omega), a leading Brazilian renewable energy company dedicated exclusively to operational assets.Canadian Solar had previously sold 80% interest in the portfolio to EDF Renewables at construction-ready stage.Dr. Shawn Qu, Chairman and Chief Executive Officer of Canadian Solar commented, "This transaction demonstrates the success of our profitable project development strategy in Brazil.  Including the sale of our 81 MWp Guimarania projects in April of this year, we have now developed and sold 480 MWp of solar projects in the country and have a remaining pipeline of 476 MWp of projects with PPAs awarded from the government auctions. We are very pleased to have partnered with such leading renewable energy co Show less Read more
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