Canadian Solar, SkyPower Close Purchase Agreement

Posted by SI Staff on June 22, 2012 No Comments
Categories : FYI

Canadian Solar Inc. and SkyPower Global have closed their purchase transaction under which Canadian Solar has acquired a majority interest from SkyPower in 16 solar projects representing approximately 190 MW to 200 MW.

Each of the 16 solar projects was awarded a 20-year power purchase agreement by the Ontario Power Authority.

The companies also formally launched their new international 50-50 joint-venture agreement called CSI SkyPower.

The agreement was first announced in April.

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