April 25, 2017 / 11:11 AM / 3 months ago

BRIEF-Canadian Solar secures project financing from Prudential Capital group and U.S. Bank

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April 25 (Reuters) - Canadian Solar Inc

* Canadian Solar secures project financing from Prudential Capital Group and U.S. Bank

* Canadian Solar Inc - has secured financing for its 92 MWP is-42 solar power project near Fayetteville, North Carolina

* Canadian Solar - Prudential Capital group will provide a $97 million debt facility, including tax equity bridge loan, term loan, revolving loan to project

* Canadian Solar Inc - USBCDC, a division of U.S. Bank will make a tax equity investment in project under a separate agreement

* Canadian Solar Inc - 92 MWP project is currently under construction and is expected to reach commercial operation in Q3 of 2017 Source text for Eikon: Further company coverage:

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