BlackRock Latest Buyer In Canadian Solar Project Sell-Off

Law360, New York (October 03, 2013, 1:50 PM ET) -- Canadian Solar Inc. is continuing its solar-plant selling spree, announcing Thursday that it's sold two Ontario plants to BlackRock Inc. for an undisclosed price, one day after TransCanada Corp. said it had bought two plants from the solar power project developer.

Canadian Solar subsidiary Canadian Solar Solutions Inc. said New York-based BlackRock picked up its utility-scale solar plants in Demorestville and Odessa, Ontario, capable of producing a combined 20 megawatts of electricity, enough to power over 3,300 homes. Construction of the plants began earlier this year,...
To view the full article, take a free trial now.
Try Law360 for free for seven days
Already a subscriber? Click here to login

Already have access?

  1. Forgot your password?
  2. Sign In

Get instant access to the one-stop news source for business lawyers