Canadian Solar Raises US$100 Million from BTG Pactual and Itaú BBA to Support Execution of Brazil Project Portfolio
Canadian Solar will use the financing facilityfor the development and construction of solar projects in Brazil, wherethe Company has established a leadership position in the solar energy market.
- Canadian Solar will use the financing facilityfor the development and construction of solar projects in Brazil, wherethe Company has established a leadership position in the solar energy market.
- BTG Pactual and ItaBBA, two leading investment and commercial banks in Brazil and long-term Canadian Solar partners in Latin America, are also financial advisors to the Company's Brazilian portfolio.
- Canadian Solar has developed and contracted in federal, regional and private PPA auctions nearly 3 GWp of solar projects in Brazil.
- Dr. Shawn Qu , Chairman and Chief Executive Officer of Canadian Solar commented, "We are grateful and pleased to collaborate again with BTG Pactual and Ita BBA to finance the development and construction of more solar assets in Brazil.