Canadian Solar Infrastructure Fund February Output Misses Forecast

MT Newswires Live
Mar 09

Canadian Solar Infrastructure Fund (TYO:9284) said its solar facilities generated 17.6 million kWh of electricity in February, about 98.15% of the forecast level, as some plants were affected by temporary output curtailments and snowfall, according to a Monday filing on the Tokyo Stock Exchange.

The fund, which operates 35 photovoltaic facilities with a total module capacity of 247.57 MW, had forecast power generation of 17.95 million kWh for the month.

Temporary curtailments by grid operators led to a reduction in variable rent income of about 47.3 million yen during February, the fund said.

Cumulative rent reduction from curtailments for the fiscal period ending June 2026 reached about 59.4 million yen, or 1.3% of the portfolio's forecast rent income, it said.

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