Canadian Solar gets USD 41m for 9-MW PV park in Ontario

July 22 – Canadian Solar Inc (NASDAQ:CSIQ) said Tuesday it has secured  CAD 52.8 million (USD 40.7m/EUR 37.2m) in construction and term financing for its 9-MW Aria solar farm in Ontario’s township of Springwater.

The loan facility will be provided by The Manufacturers Life Insurance Co, according to the press release. It will be used entirely to support the solar project, which was developed by Canadian Solar and is currently under construction.

Upon completion in the fourth quarter of 2015, Canadian Solar will sell the photovoltaic (PV) farm to Concord Green Energy Inc. BowMont Capital and Advisory served as financial advisor to the clean energy unit of Canadian real estate investor Concord Pacific Developments Inc.

“The closing of this loan demonstrates Canadian Solar’s marketability and respect amongst financial institutions,” chairman and CEO, Shawn Qu, noted. The firm has one of the highest bankability approval ratings on the solar market globally, he added.

Recommends:

EasyAcc Classic 15000mAh Solar Panel Power Bank with Flashlight External Battery Portable Charger for iPhone Samsung Smartphones Tablets Bluetooth Speaker – Black and Orange
EasyAcc – make it easy

EasyAcc PowerBank – make it easy to keep running

Why choose the EasyAcc PB15000SP Powerbank?

Cha…

UNIFUN® 10400mAh USB External Travel Battery (2Amp In Fast Charging,2.1A /1A Out) IP66 Rugged Water/Dirt/Shockproof Power Bank w/Strong LED Flashlight+Strap Hole Heavy Duty Portable Backup Charger for iPhone 6 Plus 5S 5 4S 4 iPad Air Retina Mini ,Samsung Galaxy S5 S4 S3 Note 2 3 4 ,LG G2 G3 G Flex Nexus 6 7 10 ,Bluetooth Speaker GPS ,Smart Watch and other 5V Android /Window Phone Tablet
UNIFUN® –
Reliable · High Capacity · 1 year warranty
The U821 power bank is waterproof (IP66 rating), dustproof, shockproo…

Orange Dual USB Port Portable Charger Backup External Battery Pack ; Power Bank for iPhone 6,6+,5S, 5C, 5, 4S, 4, iPad Air, Mini Samsung Galaxy S6,S5, S4, S3 Note 4,3,2, Android Smartphone and Tablets ect; Two Mini Mini USB LED Light for Free.
The Advantages are Extensive:

*Support for solar charging. Solar energy technology, environmental friendly and could recharge …

Solar Power Bank