Strange Bedfellows -- A Traditional Pipeline Company and a Solar Company

Link here.

This is the story in case the link breaks:

First Solar, Inc., announced it had bought a 15-megawat solar power plant in Canada this morning that it promptly sold to Enbridge, Inc., in a package deal.

Tempe-based First Solar announced it had purchased the Amherstburg II solar project in Ontario from Helios Energy for an undisclosed amount.

The company then announced it was packaging the Amherstburg II power plant with the 5-megawatt Tilbury solar project, also in Ontario, and selling them to Calgary, Alberta-based Enbridge.

The deal represents a continuing relationship between First Solar and Enbridge. The two worked together on the 80-megawatt Sarnia Solar Project in Canada.

Past postings on Enbridge and renewable energy:

• Low hanging fruit;
• Putting the pieces together; and, 
• Fossil fuels going green. Sort of. 

I find this absolutely fascinating.

Regardless of what one thinks of renewable energy, one has to think that Enbridge is not your father's energy company, and that it is thinking very, very strategically.