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Canadian Solar (CSIQ) Sells 80% Stake in Crimson Solar Project

Canadian Solar (CSIQ) Sells 80% Stake in Crimson Solar Project
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Canadian Solar Reports Fourth Quarter and Full Year 2020 Results

Canadian Solar Reports Fourth Quarter and Full Year 2020 Results
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Canadian Solar Reports Fourth Quarter and Full Year 2020 Results

Canadian Solar Reports Fourth Quarter and Full Year 2020 Results
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Canadian Solar Completes 61 MWp Solar Portfolio Sale in Japan and Deepens Partnership with Canadian Solar Infrastructure Fund

Canadian Solar Completes 61 MWp Solar Portfolio Sale in Japan and Deepens Partnership with Canadian Solar Infrastructure Fund News provided by Share this article Share this article GUELPH, ON, March 8, 2021 /PRNewswire/  Canadian Solar Inc. (the Company , or Canadian Solar ) (NASDAQ: CSIQ) announced today that it has completed the sale of two operational projects totaling 61 MWp to Canadian Solar Infrastructure Fund ( CSIF , TSE: 9284) for JPY 30.6 billion (approximately US$283 million). To finance the acquisition of the 53 MWp Oita Hiji-machi and 8 MWp Miyagi Ogawara projects, CSIF recently completed an international public offering and raised over JPY 18 billion (US$166 million) on the Tokyo Stock Exchange. Canadian Solar participated in this transaction and continues to own approximately 15% of CSIF. Additionally, CSIF issued over JPY 19 billion (US$175 million) of long-term debt to maintain its capital structure. These transactions affirmed CSIF as one of the largest li

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