Canadian Solar has completed the sale of its 17.5 MW Hiroshima Suzuhari operational project located in Hiroshima prefecture, to a private Japanese fund. The project had been owned by the Japan Green Infrastructure Fund since 2021 and was financed through the issuance of a Green Project Bond with an investment grade rating. With this transaction, all projects acquired by JGIF will have been successfully sold in accordance with its business plan. Canadian Solar expects to recognize the revenue from the transaction in Q3. The Hiroshima Suzuhari solar project started commercial operation in Q2 2022.
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