Canadian Solar Selling GoldLight Project To DIF Infrastructure

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.

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www.prnewswire.com/news-releases/canadian-solar-completes-the-acquisition-of-recurrent-energy-from-sharp-corporation-300058297.html