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Monday, November 18, 2013

BRIEF-Canadian Solar says DIF Infrastructure will acquire its four utility-scale solar power plants, (NASDAQ: CSIQ)

Canadian Solar Inc : * Dif infrastructure to acquire four utility-scale solar power plants from Canadian Solar * Unit has entered into a sales agreement whereby dif will acquire fromCanadian Solar four utility-scale solar power plants * Under agreement, 4 solar power plants are expected to start construction in2013 and 2014, with commercial operation expected in 2014 * More than 400 jobs are expected to be created through the construction ofprojects * Says about 190,000 Canadian Solar cs6x high-performance modules will be

Canadian Solar Inc. (CSI) designs, develops, and manufactures solar wafers, cells and solar module products that convert sunlight into electricity for a variety of uses. Shares of CSIQ remained unchanged at $31.91. In the past year, the shares have traded as low as $2.03 and as high as $33.25. On average, 3641600 shares of CSIQ exchange hands on a given day and today's volume is recorded at 3222.