Canadian Solar Gets 3.5 Billion Yen Loan Facility From Rabobank
July 28, 2015
(Bloomberg) — Canadian Solar Inc. secured a 3.5 billion
yen ($28 million) loan agreement with Rabobank Group.
The credit facility from Rabobank Hong Kong has a two-year
maturity and will be used to build as much as 20 megawatts of
solar power in Japan, Canadian Solar said in a statement
“Japan is a key market for us,” Chief Executive Officer
Shawn Qu said in the statement.
To contact the reporter on this story:
Chisaki Watanabe in Tokyo at
To contact the editors responsible for this story:
Reed Landberg at
Iain Wilson, Andrew Hobbs
BloombergNEF (BNEF) is a strategic research provider covering global commodity markets and the disruptive technologies driving the transition to a low-carbon economy. Our expert coverage assesses pathways for the power, transport, industry, buildings and agriculture sectors to adapt to the energy transition. We help commodity trading, corporate strategy, finance and policy professionals navigate change and generate opportunities.
Sign up for our free monthly newsletter →