- Canadian Solar (CSIQ) -3.3% premarket after finalizing the sale of its 10 MW Westbrook utility-scale solar power plant in Ontario to BlackRock at "a valuation comparable to other recent project sales completed by Canadian Solar on a per megawatt basis in the Ontario market."
- The deal marks CSIQ's third sale to BlackRock after selling two arrays totaling 20 MW to the asset manager last fall.
- Construction of Westbrook is underway, with commercial operation expected in Q2 2014.
Canadian Solar -3.3% premarket after finalizing BlackRock sale
Jan 27 2014, 08:57 ET