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Canadian Solar Takes Control of Aussie Solar Portfolio (M&A)
Canadian Solar,Photon Energy
Date: 2018-01-31
Canadian Solar Inc reports it will take a controlling 51 pct stake in each of five utility-scale solar projects totaling 1,140-MWp in New South Wales, Australia, from Netherlands-based developer Photon Energy NV.

The 5 solar projects include a 316-MWp PV park in Gunning, solely owned by Photon Energy, and four projects that Photon developed in partnership with Polpo Investment -- 178 MW in Mumbil, 165 MWp in Gunnedah, 286 MWp in Suntop and 196 MWp in Maryvale.

Financial details of the transaction have not been released. (Source: Photon Energy, Canadian Solar, Others, Jan 28, 2018) Contact: Photon Energy Australia, www.photonenergy.com.au; Canadian Solar, Dr. Shawn Qu, CEO, www.canadiansolar.com

More Low-Carbon Energy News Canadian Solar,  Photon Energy,  Solar Australia Solar,  

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