Water Island Capital urges its fellow Pattern shareholders to turn down acquisition offer by Canadian pension plan CPPIB, amid claims it ‘undervalues’ the owner of 4.4GW of solar and wind.
Renewable investment giant CIP will fund construction of the 400MWac Travers Solar scheme in Alberta, which will be developed by Calgary-headquartered Greengate.
‘Solar Module Super League’ (SMSL) member, Canadian Solar is targeting to achieve over 15GW of PV module manufacturing capacity in 2020, while relying on China-based merchant solar cell producers.
Publicly-listed renewables firm will become a private company and will be merged, in a concurrent deal brokered by prospective owner CPPIB, with sister firm Pattern Development.
Japanese firm says divestment was 'strategic asset recycling' and that 'strengthening of the financial base continues to be one of [Mitsui & Co’s] key initiatives'.
GP Joule Canada Corp., a subsidiary of GP Joule, has been awarded an EPC contract for the 25.43MW Innisfail Solar project located in Red Deer County, Alberta, which is located midway between the cities of Calgary and Edmonton.
Nautilus, which acquires, develops, finances, owns and manages solar assets across the US, has been purchased by Power Energy Corporation, a subsidiary of Power Corporation of Canada.
Baywa's renewables arm, Baywa r.e., has boosted its North American solar wholesale business with the purchase of a five-year-old Canadian firm that sells solar equipment to the residential and commercial grid-tie markets as well as for industrial and small off-grid applications.
