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Canadian Solar Raises Us$100 Million From Btg Pactual And Itaú Bba To Support Execution Of Brazil Project Portfolio

PUBLIC · CSIQJul 27, 2021

Amount Raised

$100 Million

Round Type

Funding Round

GuelphManufacturingEnergyHardwareRenewable EnergySolar

Description

Canadian Solar Inc. (the "Company", or "Canadian Solar") (NASDAQ: CSIQ) announced today that it has closed a BRL 500 million (approximately US$100 million) financing facility with Brazilian banks BTG Pactual and Itaú BBA.

Quick answer

Canadian Solar raised $100 Million in a Funding Round round, dated July 27, 2021. Canadian Solar is based in Guelph, Ontario, Canada.

How much did Canadian Solar raise?
Canadian Solar raised $100 Million in a Funding Round round on July 27, 2021.
What does Canadian Solar do?
Canadian Solar was founded in 2001 in Canada and is one of the world's largest solar technology and renewable energy companies.
Where is Canadian Solar based and how big is it?
Canadian Solar is based in Guelph, Ontario, Canada. Fundz records about 21,000 employees.
Who are the decision-makers at Canadian Solar?
Fundz holds 1 contact at Canadian Solar, including the GTM Engineering Instructor. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Energy and Hardware around the same time

Companies in the same sectors as Canadian Solar that raised within 45 days of this round, from Fundz verified event records.

  • Energy Vault raised $100M (Series C) on August 25, 2021.
  • Mainspring Energy raised $108M on July 6, 2021.
  • Shoals Technologies Group raised $6.5M on September 10, 2021.
  • Powur, PBC raised $3.7M (Seed) on August 25, 2021.
  • NuScale Power raised $200M (Corporate Round) on August 3, 2021.
  • Terra-Gen raised an undisclosed amount (Funding Round) on August 2, 2021.

Who to call at Canadian Solar, and when

A new round usually means Canadian Solar is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Canadian Solar raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Canadian Solar, from your own LinkedIn network

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Company Information

Company

Canadian Solar

Location

545 Speedvale Avenue West

Guelph, Ontario, Canada

About

Canadian Solar was founded in 2001 in Canada and is one of the world's largest solar technology and renewable energy companies. It is a leading manufacturer of solar photovoltaic modules, provider of solar energy and battery storage solutions, and developer of utility-scale solar power and battery storage projects with a geographically diversified pipeline in various stages of development. Over the past 22 years, Canadian Solar has successfully delivered over 102 GW of premium-quality, solar photovoltaic modules to customers across the world. Likewise, since entering the project development business in 2010, Canadian Solar has developed, built, and connected over 9 GWp of solar power projects and over 3 GWh of battery storage projects across the world. Currently, the Company has approximately 700 MWp of solar power projects in operation, 8 GWp of projects under construction or in backlog (late-stage), and an additional 17 GWp of projects in advanced and early-stage pipeline. In addition, the Company has a total battery storage project development pipeline of 52 GWh, including approximately 2 GWh under construction or in backlog, and an additional 50 GWh at advanced and early-stage development. Canadian Solar is one of the most bankable companies in the solar and renewable energy industry, having been publicly listed on the NASDAQ since 2006. For additional information about the Company, follow Canadian Solar on LinkedIn or visit www.canadiansolar.com.

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Related People

1 contact
Verified contactsLillian, GTM Engineering InstructorSee plans and pricing
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Canadian Solar raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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