A fund managed by BlackRock will acquire the 10MW(AC) Oro-Medonte plant, in the township of the same name.

Oro-Medonte is due to see construction work star bythe end of March and enter service in the third quarter of the year.

Canadian Solar is providing modules and EPCservices, and will also supply O&M after operations begin.

The PV group said the deal was made “at a valuationcomparable to other recent project sales completed by Canadian Solar on a permegawatt basis in the Ontario market.”

BlackRock