Canadian Solar Sells Fourth Utility-Scale Solar Power Plant In Ontario


Canadian Solar Solutions Inc. has agreed to sell its 10 MW Oro-Medonte solar power plant in Ontario to the BlackRock Infrastructure Investment Group. This transaction follows BlackRock's recent acquisition of the Demorestville, Taylor Kidd and Westbrook solar power plants – also in Ontario – from Canadian Solar.

Construction of the Oro-Medonte solar plant is scheduled to start construction in the first quarter of this year, with commercial operation expected in the third quarter. Canadian Solar is providing engineering, procurement and construction services for the project and will provide operations and maintenance services after completion. The facility will include approximately 38,763 Canadian Solar CS6X modules and provide electricity under a 20-year contract with the Ontario Power Authority.

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