Canadian Solar files a €100 million note »green bonds« program in Spain

Canadian Solar Inc. announced that Canadian Solar EMEA Capital Markets, S.A.U., an indirectly wholly-owned subsidiary of Canadian Solar, registered in Spain a €100 million medium term note program in the Spanish multilateral trading facility (MTF) for debt securities (MARF). The notes may qualify as »green bonds«.
The notes will have a minimum denomination of €100,000 each and will only be sold to non-U.S. persons outside the United States. In the European Union, they will only be directed to »qualified investors.«
According to the company, Canadian Solar aims to increase its sustainable investment footprint, using the fund proceeds to finance the development and acquisition of new solar PV and battery storage projects.
© PHOTON

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