Project Finance Brief: Recurrent Energy Secures Funding for 119 MW Solar Project

ENGIE secures $1 billion financing for 1.3 GW renewable projects

March 6, 2024

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Recurrent Energy, a global developer, owner, and operator of solar and energy storage, secured financial closure on the 119 MW Horus Solar project in Mexico. The solar project was closed under a non-recourse financing of $51 million provided by Korea Eximbank, South Korea’s official export credit agency, and KEB Hana Bank, one of South Korea’s largest banks.

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