Concord Green Energy to Acquire Five Utility-Scale Solar Power Plants from Canadian Solar (Canadian Solar Inc)

(Source: Canadian Solar Inc) GUELPH, Ontarioand VANCOUVER, Aug. 5, 2013/PRNewswire-FirstCall/ --Canadian Solar Inc. (NASDAQ: CSIQ) (the "Company", or "Canadian Solar"), one of the world's largest solar power companies, today announced that its subsidiary, Canadian Solar Solutions Inc., has entered into a sales agreement with Concord Pacific's green energy affiliate, Concord Green Energy ("Concord"), whereby Concordwill acquire from Canadian Solar five utility-scale solar power plants totaling 49MW (AC) valued at over C$290 million($277 million). Under the agreement, the five utility-scale solar power plants, located in Chesterville, Pefferlaw,...