Canadian Solar (CSIQ) has released an update.
Canadian Solar Inc. has announced a strategic partnership with PAG through a US$200 million investment in convertible notes, aimed at strengthening the company’s capital structure and funding new solar development projects. These notes, maturing in 2029 with a 6% interest rate, also offer conversion into common shares at a premium. This move marks a significant step for Canadian Solar in securing long-term growth in the clean energy sector.
For further insights into CSIQ stock, check out TipRanks’ Stock Analysis page.
