BlackRock Buys 4th Ontario Solar Plant From Canadian Solar

Law360, New York (February 6, 2014, 5:04 PM EST) -- New York-based investment powerhouse BlackRock Inc. continued its buying streak with Canadian Solar Inc., snatching up its fourth utility-scale solar plant in Ontario from the solar power project developer for an undisclosed price in a deal announced Thursday.

Canadian Solar subsidiary Canadian Solar Solutions Inc. said a BlackRock-managed fund has reached an agreement to buy a 10-megawatt solar power plant in Oro-Medonte, Ontario that’s scheduled to start construction during the first quarter of this year. This latest transaction comes a week after BlackRock picked up a...
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