First Solar sells 10 GW solar project portfolio to Leeward

First Solar is in the process of selling a 10 GW utility-scale solar project platform to Leeward Renewable Energy Development in a $261 million transaction. Leeward is a portfolio company of OMERS Infrastructure, an investment arm of OMERS, one of Canada’s largest benefit pension plans. The deal is expected to close in the first quarter, subject to regulatory approvals and customary closing conditions.

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