Canadian Solar Subsidiary Recurrent Energy Secures Debt Financing for 20 MW California Solar Project
GUELPH, Ontario, Nov. 15, 2017 /PRNewswire/ -- Recurrent Energy, LLC ("Recurrent Energy"), a wholly owned subsidiary of Canadian Solar Inc. ("Canadian Solar" or the "Company") (NASDAQ: CSIQ), today announced it has closed on a combined construction loan and construction letter of credit facility for the 20 MWac/28 MWp Gaskell West 1 solar power project. KeyBank N.A. provided the construction loan and construction letter of credit facility for the project, while KeyBanc Capital Markets Inc. acted as lead arranger for the deal. This marks Recurrent Energy's seventh transaction with KeyBanc Capital Markets. "As we advance our solar project pipeline across the U.S., long-standing financ...
via Canadian Solar Inc. Press Releases http://ift.tt/2ihItmS