Canadian Solar (CSIQ) Arm Bags $70M for 152MW Solar Firm
Solar(CSIQ) Zacks Investment Research·2024-04-17 21:26
Canadian Solar Inc. (CSIQ) recently announced that its subsidiary, Recurrent Energy, has secured approximately $70 million worth of non-recourse project financing for its Jaiba III solar project in Brazil.The financing has been offered by Banco do Nordeste do Brasil S.A. for a 22-year period, covering both construction and operation phases.Details of the ProjectThe Jaiba III project, with a generation capacity of 152 megawatt-peak (MWp), is currently under construction and expected to be in operation in the ...