BlackRock buys Mexican solar plant

BlackRock buys Mexican solar plant

M&A Project & Infrastructure Finance Funds Energy Renewable Solar Mexico US Canada

BlackRock has acquired a solar farm in Mexico from Canadian Solar for an undisclosed amount. Canadian Solar financed construction of the 68 MWp Aguascalientes plant with a $45m loan from Natixis in August last year. It refinanced the loan in December with $69m from the state-owned lender Bancomext and Spain's Banco Sabadell.   The plant started operations in January this year, Canadian Solar said in a statement. Canadian Solar also said it will operate and maintain the plant, starting in the thi

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