CDH and Oriza Invest USD219m in Canadian Solar’s China Assets Ahead of IPO

Source(s): DealStreetAsia

CDH Investments and Oriza Holdings have agreed to invest CNY1.5b (approximately USD219m) in CSI Solar, a China-based subsidiary of Nasdaq-listed solar power company Canadian Solar, for a 20% stake. This deal, which is part of a larger CNY1.78b capital raise, will support CSI Solar’s planned listing in China. Read more