Canadian Solar Inc. (Guelph, Ontario) on April 12th,
2017 announced that its wholly-owned subsidiary, CSI New Energy Holding
Co., Ltd. has completed the sale of two solar photovoltaic (PV) plants
in China, totaling approximately 69.5 MW to Shenzhen Energy Nanjing
Holding Co., Ltd., a subsidiary of Shenzhen Energy Group Co., Ltd., for
approximately RMB687.1 million (USD 99.8 million).
The transaction was closed in March 2017 and the
Company expects to recognize revenue from the sale of the plants when
all revenue recognition criteria have been met.
"We are pleased to have closed the sale of two
additional solar power plants in China to Shenzhen Energy," commented
Dr. Shawn Qu, Chairman and Chief Executive Officer of Canadian Solar.
"We are well on track to monetize our operating
solar power plants in China and other countries. Shenzhen Energy is an
important strategic partner of Canadian Solar and we look forward to
further expanding our strong partnership with them for more
opportunities in the future."
source: http://www.solarserver.com
No comments:
Post a Comment