On Friday, Shares of Canadian Solar Inc. (NASDAQ:CSIQ), lost -0.94% to $33.71.
Canadian Solar, declared that Natixis, New York Branch/Norddeutsche Landesbank Gironzentrale, New York Branch/Cooperative Centrale Raiffeisen-Boerenleenbank B.A./”Rabobank Nederland,” New York Branch will provide the company with up to C$53.5 Million (USD$44.4 Million) in non-recourse, construction plus term financing. The loan facility will finance the 10 MW utility-scale solar power project, “Illumination,” located in the town of Scugog, Ontario, which is being attained by DIF Infra 3 RE Canada Limited.
Developed by Canadian Solar, the solar power plant is predictable to be in commercial operation by the fourth quarter of 2015. The project has been awarded a 20-year power purchase contract by the Ontario Power Authority under Ontario’s Feed-In-Tariff program.
Canadian Solar Inc., together with its auxiliaries, designs, develops, manufactures, and sells solar wafers, cells, and solar power products worldwide. The company operates in two segments, Module and Energy.
Shares of Royal Dutch Shell plc (ADR) (NYSE:RDS.B), declined -1.78% to $ 62.23, during its last trading session.
Royal Dutch Shell, declared the Reference Share Price in respect of the first quarter interim dividend of 2015, which was declared on April 30, 2015 at $0.47 per A ordinary share and B ordinary share and $0.94 per American Depository Share.
Royal Dutch Shell plc operates as an independent oil and gas company worldwide. It operates through Upstream and Downstream segments. The company explores for and extracts crude oil, natural gas, and natural gas liquids.
At the end of Friday’s trade, Shares of NiSource Inc. (NYSE:NI), gained 0.49% to $ 47.32.
NiSource, declared the closing of its formerly declared offering of $2.75 billion in aggregate principal amount of 2.45% senior unsecured notes due 2018, 3.30% senior unsecured notes due 2020, 4.50% senior unsecured notes due 2025 and 5.80% senior unsecured notes due 2045 in a private placement under Rule 144A and Regulation S of the Securities Act of 1933, as amended, to eligible purchasers.
The notes mature on June 1 of the years 2018, 2020, 2025 and 2045, respectively, and will initially be fully and unconditionally guaranteed on a senior unsecured basis by certain of the Company’s auxiliaries.
NiSource Inc., an energy holding company, provides natural gas, electricity, and other products and services in the United States. It operates through three segments: Gas Distribution Operations, Columbia Pipeline Group Operations, and Electric Operations.
Finally, SM Energy Co (NYSE:SM), ended its last trade with 3.65% loss, and closed at $ 53.56.
SM Energy, declared early results for its formerly declared tender offer and related consent solicitation commenced on May 7, 2015 for any and all of its 6.625% Senior Notes due 2019 (CUSIP 78454LAB6). An aggregate of $242,922,000 principal amount of Notes, representing 69.41% of the Notes outstanding, has been tendered as of 5:00 p.m., New York City time, on May 20, 2015. Accordingly, the requisite consents to approve the projected amendments following the consent solicitation have been obtained.
Withdrawal and revocation rights expired at 5:00 p.m., New York City time, on May 20, 2015. Notes that have been tendered may no longer be withdrawn and consents that have been delivered may no longer be revoked.
SM Energy Company, an independent energy company, engages in the acquisition, exploration, development, and production of crude oil and condensate, natural gas, and natural gas liquids in onshore North America.
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