TransCanada Buys $52 Million Ontario Plant From Canadian Solar

(Bloomberg) — Canadian Solar Inc. sold a 10-megawatt solar
power project in Ontario valued at about C$60 million ($52
million) to TransCanada Corp.

The Liskeard 1 plant uses Canadian Solar modules, the
Guelph, Ontario-based company said today in a statement.

TransCanada, the nation’s second-largest pipeline operator,
agreed to buy 30 megawatts of Canadian Solar projects in October
for about C$182 million, increasing its total investments in
solar power in Ontario to almost C$400 million.

To contact the reporter on this story:
Christopher Martin in New York at

To contact the editors responsible for this story:
Reed Landberg at
Tina Davis, Carlos Caminada

About BloombergNEF

BloombergNEF (BNEF) is a strategic research provider covering global commodity markets and the disruptive technologies driving the transition to a low-carbon economy. Our expert coverage assesses pathways for the power, transport, industry, buildings and agriculture sectors to adapt to the energy transition. We help commodity trading, corporate strategy, finance and policy professionals navigate change and generate opportunities.
Sign up for our free monthly newsletter →

Want to learn how we help our clients put it all together? Contact us