Canadian Solar Solutions Inc. has closed the sale of three solar power plants totaling 30 MW to TransCanada Corp.
The 10 MW William Rutley solar plant is located in Inglesid, Ontario. The Liskeard 3 and Liskeard 4 facilities, each with 10 MW capacity, are located in the town of Temiskaming Shores, Ontario.
The three new projects have started generating electricity under 20-year power purchase agreements with the Ontario Power Authority.
‘These solar acquisitions are an important part of our $38 billion capital program and add 20-year revenue streams in a core geography that are backed by a high-quality credit and long-term customer relationship,’ says Russ Girling, president and CEO of TransCanada.