Canadian Solar Raises US$100 Million from BTG Pactual and Itaú BBA to Support Execution of Brazil Project Portfolio
Summary
, /PRNewswire/ -- (the "Company", or " ") (NASDAQ: CSIQ) announced today that it has closed a (approximately ) financing facility with Brazilian banks BTG Pactual and Itaú BBA. BTG Pactual and Itaú BBA, two leading investment and commercial banks in and long-term partners in , are also financial advisors to the Companys Brazilian portfolio. Dr. , Chairman and Chief Executive Officer of commented, "We are grateful and pleased to collaborate again with BTG Pactual and Itaú BBA to finance the development and construction of more solar assets in . We look forward to executing on our large backlog and pipeline of solar projects in and supporting the countrys renewable power and energy security goals." is one of the leading investment banks in with services ranging from financial advisory, local and international capital markets, mergers and acquisitions, derivatives and credit facilities.