Canadian Solar reaches close on 70MW Oakey 2 Solar Farm

Canadian Solar Inc has reached financial close with the Clean Energy Finance Corporation (CEFC) for a A$55 million facility commitment for the Oakey 2 Solar Farm in Queensland. In addition Canadian Solar has won the EPC contract and a 2-year O&M contract on the 70 MW project that makes up part of a solar portfolio sale to  private equity investment manager Foresight Solar Fund Limited.