07.01.2015: Canadian Solar Solutions Inc., a subsidiary of Chinese-Canadian solar company Canadian Solar Inc., has finalized the sale of a 10 MW PV plant installed in Beaverton, Ontario, Canada to Canadian renewable energy company BluEarth Renewables. The SparkleLight plant was acquired as part of a larger transaction through which BluEarth acquired four utility-scale PV power plants totaling 53.9 MW (DC). The initial agreement was signed in June 2013. The four power plants, collectively valued at over 225 million CAD ($217.2 million), are located in Kawartha Lakes, Belleville, Beaverton and Napanee, Ontario. Construction on all four projects started in 2013. The projects each have a 20-year PPA with the Ontario Power Authority. The SparkleLight solar plant in Beaverton was valued at approximately 66 million CAD for the transaction. © PHOTON
Monty Bannerman
ArcStar Energy
+1-646-402-5076
www.arcstarenergy.com
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