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Canadian Solar Inc announces the sale of a 10MW Utility Scale Solar Power Plant in Ontario

Monday, 27 Jan 2014 07:30am EST 

Canadian Solar Inc:Says that its subsidiary, Canadian Solar Solutions Inc., entered into an agreement with a fund managed by BlackRock, whereby BlackRock will acquire from Canadian Solar the Westbrook 10MW AC utility-scale solar power plant in Kingston, Ontario.Says at a valuation comparable to other recent project sales completed by Canadian Solar on a per megawatt basis in the Ontario market.Says this follows BlackRock's acquisition on Sept. 30, 2013 of the Demorestville and Taylor Kidd utility-scale solar power plants, totaling 20MW (AC), and located in Demorestville and Odessa, Ontario, Canada, respectively. 

Company Quote

17 Dec 2014