Theconstruction and term financing comes from Canada-based Manufacturer’s LifeInsurance Company.

Val Caron,located near the city of Sudbury, is one of five utility-scale arrays whichCanadian Solar last year agreed to sell to – and build for – the green-energyarm of Concord Pacific, the Vancouver-based real-estate developer.

Two ofthose five arrays – Val Caron (formerly known as Highlight) and Mighty Solar –are under construction and due for completion during the second quarter, whilethe other three will be brought on line over the course of the next year.

The