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TransCanada Green Energy: Pipeline Giant Acquires Ottawa-Area Canadian Solar Power Plant

01/02/2014 07:32 EST | Updated 03/04/2014 05:59 EST
Michael Hall via Getty Images
TORONTO - TransCanada Corp. (TSX:TRP) has acquired an additional new solar power generation facility in eastern Ontario, about 60 kilometres west of Ottawa.

The Mississippi Mills project near Pakenham has 10 megawatts of generating capacity.

The power plant was built for TransCanada by a subsidiary of Canadian Solar Inc. (Nasdaq:CSIQ) of Guelph, Ont.

TransCanada has agreed to acquire a total nine solar power generation plants in Ontario from Canadian Solar Solutions Inc.

So far, the Calgary-based pipeline and power generation company has taken delivery of four of the solar plants, all in eastern Ontario.

Besides the Mississippi Mills solar park, TransCanada has acquired Brockville 1, Brockville 2 and the Burritts Rapids project in Ottawa.

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