TransCanada offered Ontario solar portfolio for $540M
TransCanada Corp. has sealed a understanding to sell a Ontario solar portfolio for $540 million to a auxiliary of Axium Infrastructure Canada II Limited Partnership.
The resources embody 8 comforts with a sum generating ability of 76 megawatts.
TransCanada arch executive Russ Girling says a deduction from this sale will assistance account a company’s $24-billion near-term collateral program.
The understanding is approaching to tighten by a finish of a year, theme to regulatory and other approvals as good as prevalent shutting adjustments.
In further to a tube network, TransCanada owns or has interests in 6,200 megawatts of energy era in Canada and a United States.
Article source: http://www.cbc.ca/news/canada/calgary/transcanada-solar-ontario-portfolio-selling-axium-assets-1.4370906?cmp=rss