TransCanada to sell its Ontario solar power portfolio to Axium

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.

GET ACCESS TO OUR ARTICLES

Enter your email address