Canadian Solar Inc. (NasdaqGS:CSIQ) acquired 70% stakes in Unisun Energy (Proprietary) Limited and Sertum Energy Namibia Pty Ltd. from Enertronica S.p.A. (BIT:ENT) for €2 million on July 6, 2017. Under the signed agreement, Enertronica Group will still retain both Engineering, Procurement and Construction and subsequent Operation & Maintenance of the assets. Luigi Costa and Arturo Sferruzza of Norton Rose Fulbright acted as legal advisor to Enertronica. Carlo Montella, Andrea Gentili and Marcello Montresor of Orrick acted as legal advisor to Canadian Solar.

Canadian Solar Inc. (NasdaqGS:CSIQ) completed the acquisition of 70% stakes in Unisun Energy (Proprietary) Limited and Sertum Energy Namibia Pty Ltd. from Enertronica S.p.A. (BIT:ENT) on July 6, 2017.