BluEarth Renewables to Purchase Four Utility-Scale Solar Power Plants From Canadian Solar (Canadian Solar Inc)

(Source: Canadian Solar Inc) GUELPH, Ontarioand CALGARY, Alberta, June 5, 2013/PRNewswire-FirstCall/ -- Canadian Solar Inc. (NASDAQ: CSIQ) (the "Company", or "Canadian Solar"), one of the world's largest solar power companies, today announced that its subsidiary, Canadian Solar Solutions Inc., has entered into a sales agreement with a BluEarth Renewables Inc. subsidiary ("BluEarth"), whereby BluEarth will acquire from Canadian Solar four utility-scale solar power plants totaling 38.5MWac(53.9 MWdc) valued at over C$225.0 million($217.2 million).  CIBC World Markets acted as advisor to BluEarth in the transaction.  The four utility-scale solar power...