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CANADIAN SOLAR SUBSIDIARY RECURRENT ENERGY SECURES $50 MILLION LETTER OF CREDIT FACILITY FROM NATIXIS

GUELPH, Ontario, Canada: Canadian Solar Inc. (“Canadian Solar” or “the Company”) (NASDAQ: CSIQ) today announced that its wholly owned subsidiary Recurrent Energy, LLC (“Recurrent Energy”) has secured a $50 million letter of credit (“LC”) facility from multinational financial services firm, Natixis. The $50 million LC facility is to support the development of the Company’s utility-scale solar projects […]

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