Canadian Solar Gets $47 Million Loan for Ontario Plant
This article is for subscribers only.
Canadian Solar Inc., the best-performing solar maker last year, received a C$52 million ($47 million) loan from Natixis SA for a power plant in Ontario.
The loan to build the 10-megawatt Glenarm project, which DIF Infra 3 RE Canada is acquiring, has a maturity term of construction plus 10 years, Guelph, Ontario-based Canadian Solar said today in a statement.