Good news for ATS Automation/Photowatt. Shares of Canadian Solar Inc. rose as much as 12 per cent today after the company’s initial public offering. CSI, which is incorporated in Canada but has its manufacturing assets in China, raised $115.5 million in the offering, which is on the high end of analysts’ expectations. It’s a good barometer of Photowatt’s upcoming IPO. ATS, by the way, owns about 9 per cent of CSI.
Tyler Hamilton is a business columnist for the Toronto Star, Canada's largest daily newspaper. In addition to this Clean Break blog, Tyler writes a weekly column of the same name that discusses trends, happenings and innovators in the clean technology and green energy market. This blog is a personal project started in April 2005. It is not an official blog of the newspaper.
If you would like to inquire about speaking engagements, research and writing services, or general consulting services please contact Tyler at cleantechreporter@gmail.com
Kawanabe’s statement is annoying though....
