Canadian Solar Partners with Menora Mivtachim to Invest in Solar Power Projects in Israel
GUELPH, Ontario, Oct. 17, 2017 /PRNewswire/ -- Canadian Solar Inc. (the "Company" or "Canadian Solar") (NASDAQ: CSIQ), one of the world's largest solar power companies, today announced that a wholly owned subsidiary of the Company and a few subsidiaries of Menora Mivtachim Holdings Ltd. ("Menora Mivtachim"), one of Israel's five largest insurance and finance groups, entered into a joint venture agreement with the aim to invest in the development, financing, construction and ownership of solar power projects in Israel. A total of US$60 million is expected to be raised from Menora Mivtachim and Canadian Solar, with each party contributing an equal investment amount. The joint venture will f...
via Canadian Solar Inc. Press Releases http://ift.tt/2xMESqD
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