The Little Creek 8.5 MW AC solar power plant is located in the town of Napanee, Ontario, Canada. Canadian Solar recently sold the project to Blue Earth Renewables.
Canadian Solar, a global solar power company, announced its wholly-owned subsidiary, Canadian Solar Solutions, sold Little Creek, a 8.5 MW AC solar power plant valued at more than $48 million to a BluEarth Renewables subsidiary.
This is the first of four planned solar projects being acquired by BluEarth from Canadian Solar, totaling 38.5 MW AC.
This is an important group of projects as it helps move BluEarth closer to its goal of having $91 billion of high-quality, long-term contracted renewable energy plants. From Canadian Solar’s standpoint, this project sale allows it to redeploy resources to other projects and to further expand its pipeline, which exceeds 4.5 GW.
“The addition of this first solar project to our portfolio is an important milestone for BluEarth. Solar is a great fit with our existing wind and hydro projects across Canada,” said Kent Brown, President & CEO of BluEarth. “We are pleased to be expanding our interests in Ontario.”
The Little Creek 8.5 MW AC solar power plant is located in the town of Napanee, Ontario, Canada. The additional three utility-scale solar power plants being purchased by BluEarth, which are planned to reach commercial operation through the second quarter of 2015, are located in Kawartha Lakes, Belleville and Beaverton, Ontario, Canada. Canadian Solar Solutions will provide turnkey engineering, procurement and construction (“EPC”) services for all four projects.
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