TransCanada Corporation has entered into an agreement with Axium Infinity Solar, a subsidiary of Axium Infrastructure Canada II LP, for the sale of its PV portfolio in Ontario comprising eight facilities with a total generation capacity of 76 MW, at $540 million. The transaction is expected to close by end-2017, subject to certain regulatory and other approvals. An IPP, TransCanada currently owns or has stake in around 6,200 MW of power generation capacity in Canada and the US.
