Recurrent Energy Secures $164 Million in Debt Funding

The funding will help Recurrent Energy grow its business and retain more ownership of its assets in select markets

June 27, 2023

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Recurrent Energy – a utility-scale solar and energy storage developer and a subsidiary of Canadian Solar – secured a €150 million (~$164 million) multicurrency facility from Santander Corporate & Investment Banking (Santander CIB), a financial institution. The funding will help Recurrent Energy grow its business and retain more ownership of its assets in select markets.

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