EDF Renewables and Canadian Solar Secure 1.39 Billion Brazilian Reais (US$373million) Financing on Pirapora Solar Complex
The 191.5 MWp Pirapora I solar power project raised 220 million Brazilian reais (
In addition, the 115 MWp Pirapora II solar power project closed long-term project financing of 366 million Brazilian reais (
Adjacent 92.5 MWp Pirapora III solar power project has secured long-term project financing of 271 million Brazilian reais (
"These financings demonstrate the huge interest of leading financial institutions in the development of large scale solar energy infrastructure in
The Pirapora projects, operational since mid-2018, are among the largest solar complexes in the
About EDF Renewables (previously EDF Energies Nouvelles)
EDF Renewables is a leading international player in renewable energies, with gross installed capacity of 14.2 GW worldwide. Its development is mainly focused on wind and solar photovoltaic power. EDF Renewables operates mostly in
For more information, visit: www.edf-renouvelables.com
Follow us on LinkedIn: https://www.linkedin.com/company/edf-renouvelables and on Twitter (@EDF_RE in French and @EDF_Renewables in English).
About Canadian Solar Inc.
Founded in 2001 in
Safe Harbor/Forward-Looking Statements
Certain statements in this press release are forward-looking statements that involve a number of risks and uncertainties that could cause actual results to differ materially. These statements are made under the "Safe Harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. In some cases, you can identify forward-looking statements by such terms as "believes," "expects," "anticipates," "intends," "estimates," the negative of these terms, or other comparable terminology. Factors that could cause actual results to differ include general business and economic conditions and the state of the solar industry; governmental support for the deployment of solar power; future available supplies of high-purity silicon; demand for end-use products by consumers and inventory levels of such products in the supply chain; changes in demand from significant customers; changes in demand from major markets such as Japan, the U.S., India and China; changes in customer order patterns; changes in product mix; capacity utilization; level of competition; pricing pressure and declines in average selling prices; delays in new product introduction; delays in utility-scale project approval process; delays in utility-scale project construction; delays in the completion of project sales; continued success in technological innovations and delivery of products with the features customers demand; shortage in supply of materials or capacity requirements; availability of financing; exchange rate fluctuations; litigation and other risks as described in the Company's SEC filings, including its annual report on Form 20-F filed on April 26, 2018. Although the Company believes that the expectations reflected in the forward looking statements are reasonable, it cannot guarantee future results, level of activity, performance, or achievements. Investors should not place undue reliance on these forward-looking statements. All information provided in this press release is as of today's date, unless otherwise stated, and Canadian Solar undertakes no duty to update such information, except as required under applicable law.
Manon de Cassini-Herail, Tel.: +33 (0)1 40 90 48 22, Email: firstname.lastname@example.org; Clarisse Placidoux, Tel.: +33 (0)1 40 90 49 46, Email: email@example.com; Canadian Solar Inc. Contacts, Investors: Mary Ma, Manager, Investor Relations, Canadian Solar Inc., firstname.lastname@example.org; David Pasquale, Global IR Partners, Tel: +1-914-337-8801, email@example.com