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Stock impact report

Canadian Solar Subsidiary Recurrent Energy receives approval for Build-Transfer Agreement with Entergy on 100 MWac Solar Project in Mississippi

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, April 14, 2020 /PRNewswire/ -- Canadian Solar Inc. ("Canadian Solar") (NASDAQ: CSIQ), today announced its wholly-owned subsidiary, Recurrent Energy, LLC ("Recurrent Energy"), has received unanimous approval from the Mississippi Public Service Commission on the build-transfer agreement ("BTA") with Entergy Mississippi. The BTA has a base purchase price of approximately $138.4 million with Entergy Mississippi on the 100 megawatt ("MWac") Sunflower solar photovoltaic project. With the signing of this BTA, one of the first signed in the U.S., Entergy will own the largest solar power plant in the state of Mississippi."We would like to thank the Commission for its approval of this build-and-transfer agreement that will allow us to move ahead with the Sunflower project," said Dr. Shawn Qu, Chairman and Chief Executive Officer of Canadian Solar. "This agreement with Entergy is another milestone that underscores Recurrent Energy's leadership position in the U.S. solar developm Show less Read more
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