Canadian Solar sells Mexican solar power project to BlackRock
Canadian Solar Inc (Nasdaq: CSIQ) has sold its Aguascalientes solar power project in Mexico to a fund managed by BlackRock Infrastructure. No financial terms were disclosed. Canadian Solar developed, arranged construction and financing, built and energized the 68 megawatt-peak project in January. It is expected to generate 145 gigawatt hours of electricity annually. The Guelph, Ontario-based solar power company said it has a remaining Mexican pipeline of more than 600 megawatt-peak solar projects at various stages of development.
23 May 2019•3 mins read
