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Canadian Solar Completes Sale of Solar Power Plant to Stonepeak Infrastructure Partners

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Tweet CSIQ Hot Sheet Price: $2.93 --0% Overall Analyst Rating: NEUTRAL ( Up) EPS Growth %: -468.8% ONTARIO, Canada, Aug. 27, 2012 /PRNewswire-Asia-FirstCall/ -- Canadian Solar Inc. (the "Company", or "Canadian Solar") (NASDAQ: CSIQ), one of the world's largest solar companies, today announced the Company has completed the sale to Stonepeak Infrastructure Partners ("Stonepeak") of a utility-scale solar power plant for approximately C$48.0 million (US$48.4 million). As the developer, EPC and construction financier, Canadian Solar built the solar power plant to provide enough clean, renewable energy to power more than 1,200 homes in eastern Ontario near the town of Napanee. Named...

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