Canadian Solar Infrastructure Fund.Inc. (JP:9284) has released an update.
Canadian Solar Infrastructure Fund, Inc., managed by Canadian Solar Asset Management K.K., has amended its internal ‘Investment Guidelines’ to ensure stable income and asset growth. The new policy aims to manage distributions and corporate activities within the actual cash generated from operations, referred to as Funds from Operations (FFO), to retain more cash on hand for asset maintenance and acquisitions. This strategic change is geared towards enhancing earnings per unit and strengthening cash reserves.
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