Canadian Solar sells two solar energy facilities to TransCanada

Canadian Solar unit Canadian Solar Solutions Inc. sold two solar power plants, Brockville 2 and Burritts Rapids, totaling 16 MW AC and valued at more than $92.2 million, to TransCanada Corp. September 30, 2013

The Brockville 2 solar power plant totals 9 MW AC and is located in the city of Brockville in Eastern Ontario. The Burritts Rapids solar power plant totals 7 MW AC and is located in the city of Ottawa in Eastern Ontario.

These two projects are part of the nine solar power plant portfolio totaling 86 MW AC that Canadian Solar Solutions Inc. has agreed to build and sell to TransCanada for about $455 million. This transaction follows the previously announced closing of the sale of Brockville 1 to TransCanada on June 28, 2013.

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