Canadian Solar Sells Power Plant In Ontario; Stock Up

By | December 29, 2014

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Canadian Solar (CSIQ) on Monday announced that it had sold a solar power plant valued at $52 million, the second Ontario power plant it has sold in two weeks, sending its stock up. Canadian Solar said its subsidiary, Canadian Solar Solutions, sold the 10 megawatt Liskeard 1 solar power plant to Calgary-based TransCanada (TRP). The plant has a 20-year agreement to sell its electricity to the Ontario Power Authority. TransCanada said in a separate Scalper1 News

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