CSIQ’s Recurrent Energy secures $825M for Arizona projects

Rhea-AI Filing Summary

Canadian Solar (CSIQ) furnished a Form 6-K that includes an exhibit announcing a major financing milestone. Its subsidiary Recurrent Energy closed $825 million in project financing for Arizona energy projects. This type of non-recourse project funding typically supports construction and long-term operation of specific assets, rather than corporate-level uses. While the filing does not detail terms here, the size of the financing signals continued build-out activity within Recurrent Energy’s U.S. portfolio.

Insights

Project Finance Analyst

Recurrent Energy closed $825 million to fund Arizona projects.

Canadian Solar’s Form 6-K includes an exhibit stating that subsidiary Recurrent Energy closed $825 million in project financing for Arizona energy projects. In project finance, lenders look to asset cash flows, indicating funding earmarked to build and operate those specific projects.

Such financings often come with customary covenants and step-in rights tied to project performance, counterparties, and completion milestones. The magnitude suggests ongoing U.S. development scale under Recurrent Energy.

Key items typically associated with closings—capital structure mix, tenor, interest mechanics, and counterparties—would determine long-term economics; those details would appear in the underlying exhibit or subsequent disclosures.

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16 UNDER
THE SECURITIES EXCHANGE ACT OF 1934

For the month of October 2025

Commission File Number: 001-33107

CANADIAN SOLAR INC.

4273 King Street East, Suite 102

Kitchener, Ontario, N2P 2E9

Canada

(Address of principal executive office)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F x       Form 40-F ¨

CANADIAN SOLAR INC.

Form 6-K

TABLE OF CONTENTS

Signature

Exhibit Index

Exhibit 99.1

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

	CANADIAN SOLAR INC.
	By:	/s/ Shawn (Xiaohua) Qu
	Name:	Shawn (Xiaohua) Qu
	Title:	Chairman and Chief Executive Officer

Date: October 21, 2025

EXHIBIT INDEX

Exhibit 99.1 — Recurrent Energy Closes $825 Million in Project Financing for Arizona Energy Projects

FAQ

What did Canadian Solar (CSIQ) report in this Form 6-K?

It furnished an exhibit stating that Recurrent Energy closed $825 million in project financing for Arizona energy projects.

Which subsidiary of Canadian Solar is involved and for what purpose?

Recurrent Energy closed project financing to support Arizona energy projects.

How large is the financing mentioned for CSIQ’s projects?

The exhibit headline cites $825 million in project financing.

Does the 6-K describe where the projects are located?

Yes. The financing is for Arizona energy projects.

Is this financing at the corporate or project level for CSIQ?

The exhibit refers to project financing, which is typically secured by project assets and cash flows.