(Solar Industry Magazine) Recurrent Energy, a wholly owned subsidiary of Canadian Solar for global project development and power services, has secured a $164 million multicurrency facility with Santander Corporate & Investment Banking (Santander CIB).
The facility will support Recurrent Energy’s growth and strategy to retain greater asset ownership in select markets. With 9 GW of solar and 3 GWh of battery storage power plants operating in 29 countries across five continents, Recurrent is one of the larger and more geographically diversified utility-scale solar and battery energy storage platforms.
