Canadian Solar Increases Global Guarantee Facility from Export Development Canada to US$125 Million

Canadian Solar Inc. (the “Company”, or “Canadian Solar”) (NASDAQ: CSIQ), one of the world’s largest solar power companies, today announced it has closed a $125 million global guarantee facility with Export Development Canada (“EDC”), Canada’sexport credit agency. The facility was increased to US$125 million from US$100 million, and will support existing and future project development activities undertaken by Canadian Solar across North America, Latin America, Europe, Asia and Australia. Under the global facility, EDC will provide Performance
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