Canadian Solar Wins Green Project Bond of the Year Award by Environmental Finance
GUELPH, ON, April 29, 2024 /PRNewswire/ -- Canadian Solar Inc. (the "Company", or "Canadian Solar") (NASDAQ: CSIQ) today announced that it has won Environmental Finance's Green Project Bond of the Year award for its JPY 18.5 billion green samurai private placement.
- GUELPH, ON, April 29, 2024 /PRNewswire/ -- Canadian Solar Inc. (the "Company", or "Canadian Solar") (NASDAQ: CSIQ) today announced that it has won Environmental Finance's Green Project Bond of the Year award for its JPY 18.5 billion green samurai private placement.
- Its annual Sustainable Debt Awards celebrate leading green, social, sustainable and sustainability-linked bond and loan deals and recognize market innovations.
- Environmental Finance also praised the deal for enabling Canadian Solar to "plug into the ultra-low interest rate environment in Japan, where long-term, fixed-rate products are scarce."
- This is the second green project bond of the year award Canadian Solar has received from Environmental Finance, following the one awarded in 2018 for Canadian Solar's JPY5.4 billion ($47 million) Gunma Aramaki project bond placement with Goldman Sachs Japan.