Canadian Solar Inc. has completed the sale of the 10 MW Good Light solar power plant in Kawartha Lakes, Ontario, to BluEarth Renewables Inc.
The deal, valued at $60.3 million, is the second of four planned solar projects with a total capacity of 38.5 MW that BluEarth is acquiring from Canadian Solar.
"This addition is an important milestone for BluEarth, bringing us one step closer to meeting our target of having more than $600 million of high-quality, long-term contracted hydro, solar and wind assets online by the end of 2015,’ says Kent Brown, president and CEO of BluEarth.
