Hulic amends tender offer for Canadian Solar Infrastructure Fund

Hulic announced on September 3, 2025, changes to its tender offer for Canadian Solar Infrastructure Fund, Inc. (CSIF). The primary amendment removes the minimum number of investment units required for the tender offer to ensure its successful completion. Following this, the tender offer period has been extended by 10 business days, from September 3, 2025, to September 18, 2025, resulting in a total of 55 business days.

CSIF's board of directors maintained its neutral stance, reiterating that the tender offer would not lead to delisting and that unit holders would retain the option to hold their units post-acquisition. Hulic also outlined its intention to acquire additional CSIF investment units through market purchases or VWAP transactions after the tender offer, aiming to achieve a 20.00% ownership ratio by the end of March 2026. This is intended to ensure CSIF's status as an equity-method affiliate.