Renewables, Solar

Ontario solar power plant sold to TransCanada for $57mn

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Canadian Solar (Nasdaq: CSIQ) said its subsidiary, Canadian Solar Solutions Inc., sold the 10 MW Mississippi Mills solar power plant to TransCanada for C$61 million ($57.3 million). The deal was finalized on Dec. 31.

The Mississippi Mills plant is located in eastern Ontario. Canadian Solar Solutions will provide turnkey engineering, procurement and construction services to each of the nine projects.

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