Canadian Solar Fund Reports Theft at Fukushima Plant

MT Newswires Live
05-08

Canadian Solar Infrastructure Fund (TYO:9284) said a theft of electrical cables at its Koriyama-shi Power Plant in Fukushima prefecture has temporarily suspended part of the site's electricity output, according to a Wednesday filing on the Tokyo Stock Exchange.

The plant, with a capacity of 0.64 megawatts, accounts for 0.26% of the company's total portfolio.

Canadian Solar Fund said the lessee remains entitled to receive a basic rent equivalent to 70% of the monthly forecast.

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