Canadian Solar has closed a deal worth £36.4 million to refinance four UK solar power plants totalling over 40.2MW of installed capacity.
The company announced today the completion of the project financing facility with BayernLB, which takes the form of non-recourse project finance with a term of 17 years.
Dr.
“This facility underscores
The refinancing deal follows a period of rapid activity for Canadian Solar in the UK, with solar farm completions in the last six months bringing its operational capacity in the UK past the 100MW barrier.