regulatory approvals

Canadian Solar Acquires Recurrent Energy from Sharp Corporation for $265 Million

Canadian Solar entered into a definitive agreement with Sharp Corporation to acquire Recurrent Energy, for approximately $265 million. Once completed, the acquisition of Recurrent will increase Canadian Solar's total solar project pipeline by approximately 4.0 GW to 8.5 GW, and its late-stage project pipeline by approximately 1.0 GW to 2.4 GW. Total consideration for the acquisition of Recurrent is approximately $265 million in cash.

Constitution Pipeline Receives FERC Approval to Construct Project

FERC issued an order approving construction of Constitution Pipeline’s proposed pipeline to increase natural gas supply to New York and New England markets, subject to certain conditions that will ensure the protection of natural resources. FERC on Dec. 2, 2014 issued its certificate of public convenience and necessity for the 124-mile Constitution Pipeline.