Canadian Solar sells U.K. solar portfolio to Greencoat Capital
Canadian Solar Inc (NASDAQ: CSIQ) has sold a 142 megawatt peak solar portfolio to an affiliate of Greencoat Capital, a U.K. wind infrastructure, solar infrastructure and private equity firm. The portfolio, consisting of 24 operational solar power plants located across England, Wales and Scotland, is valued at about US$267.7 million, net of distributions. The 24 plants will generate about 142,000 megawatt hours of energy annually, sufficient for about 46,000 British households. Canadian Solar, a Guelph, Ontario-based solar power company, will provide operations and maintenance services.
22 February 2018•3 mins read
