Canadian Solar Gets Manufacturers Life Loan for Ontario Plant

(Bloomberg) — Canadian Solar Inc. secured a C$52.8
million ($40.8 million) loan from Manufacturers Life Insurance
Co.
for a sun-powered plant in Ontario.

The 9-megawatt project currently being built is expected to
start working in the last quarter of the year, the company said
Tuesday in a statement. Once operational it will be acquired by
Concord Green Energy Inc. No terms were disclosed.

To contact the reporter on this story:
Louise Downing in London at
ldowning4@bloomberg.net

To contact the editors responsible for this story:
Reed Landberg at
landberg@bloomberg.net
Randall Hackley, Rachel Graham

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