Canadian Solar Closes GBP41.9 Million Financing with BayernLB

The solar power portfolio, consisting of 10 operating solar power plants totaling 52.2 MWp, was accredited under the UK’s Renewable Obligation Certificate scheme. Canadian Solar Inc., one of the world’s largest solar power companies, today announced that it has closed a GBP41.9 million (US$56 million) non-recourse project finance facility with BayernLB. This financing arrangement is […]

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Canadian Solar closes a USD 52 million project financing facility with BayernLB

Canadian Solar announces that it has closed a £36.4 million (US$52 million) project financing facility with BayernLB to refinance a portfolio of four solar power plants, totaling 40.2 megawatts in the UK. This financing facility with BayernLB is non-recourse project finance, with a term of 17 years. “We are delighted to complete this project financing […]

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