Canadian Solar sells U.S. solar projects to KEPCO, COPA
Canadian Solar Inc (Nasdaq: CSIQ) has sold its interests in three U.S. solar photovoltaic projects to Korea Electric Power Corp (KEPCO), a South Korean electric utility. No financial terms were disclosed for the deal, which saw KEPCO partner with Corporate Partnership Fund (COPA Fund), a South Korean private equity investor. Recurrent Energy LLC, the U.S. affiliate of Canadian Solar, developed the three 235 megawatt projects located in southern California, which reached commercial operation in 2016. Canadian Solar is a Guelph, Ontario-based solar power company.
13 March 2018•3 mins read
