Canadian Solar Completes the Acquisition of Recurrent Energy from Sharp Corporation.The transaction was supported by Export Development Canada (EDC)'s issuance of Performance Security Guarantee of up to $75 million to backstop letters of credit issued against project development obligations by Recurrent Energy. In addition, in conjunction with the acquisition, Credit Suisse will provide Recurrent Energy with a US$150 million, one year senior secured bridge loan.
URL:
www.prnewswire.com/news-releases/canadian-solar-completes-the-acquisition-of-recurrent-energy-from-sharp-corporation-300058297.html
URL:
www.prnewswire.com/news-releases/canadian-solar-completes-the-acquisition-of-recurrent-energy-from-sharp-corporation-300058297.html



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