sale

Canadian Solar Completes the Sale of Little Creek Solar Power Plant to BluEarth

Canadian Solar Solutions completed the sale of Little Creek, an 8.5-MW solar power plant valued at over C$53.0 million ($47.95 USD), to a BluEarth Renewables subsidiary (BluEarth). This is the first of four planned solar projects being acquired by BluEarth from Canadian Solar, totaling 38.5 MW. The additional three utility-scale solar power plants being purchased by BluEarth, which are planned to reach commercial operation through Q2 2015, are located in Kawartha Lakes, Belleville and Beaverton, Ontario, Canada.

Planned NRG and Edison Mission Energy Merger Receives FERC Approval

NRG Energy and Edison Mission Energy (EME) jointly announced that the Federal Energy Regulatory Commission (FERC) has approved the sale of substantially all of EME's assets to NRG. The acquisition of EME's portfolio of renewable and conventional generation assets will create the second-largest US power company. EME will add nearly 8,000 MW of generating capacity to the combined company's diverse portfolio of both conventional and wind generation facilities. The transaction closed on April 1, 2014.

Manitoba Hydro and Great River Energy Announce 600 MW Power Sale Memorandum of Understanding

Manitoba Hydro and Great River Energy signed a MOU to jointly investigate the sale of up to 600 MW of electricity from Manitoba Hydro to Great River Energy, commencing in approximately 2020. Under the MOU, the utilities have agreed to discuss supplying some of Great River Energy's long-term electricity needs from Manitoba Hydro's proposed new hydroelectric stations.