GUELPH, Ontario, March 1, 2018 /PRNewswire/ -- Canadian Solar Inc. (the "Company", or "Canadian Solar") (NASDAQ: CSIQ), one of the world's largest solar power companies, today announced that it has secured a non-recourse project finance facility of up to JPY16 billion ($149 million) from Shinsei Bank, Limited ("Shinsei Bank") for its 53.4 MWp Oita Hijimachi solar power project. The non-recourse facility has an 18.5-year tenor, with debt repayment flexibility in 2019 to enable a potential sale of the solar power project to Canadian Solar Infrastructure Fund, Inc., recently listed on the Tokyo Stock Exchange. The Oita Hijimachi solar power project is located on Kyushu Island in souther...
via Canadian Solar Inc. Press Releases http://ift.tt/2F4YFRY
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