Recurrent Energy secures US$160 million financing for 127MW PV plant in Louisiana

(PV Tech) Solar developer Recurrent Energy has secured US$160 million in project financing for its 127MW PV project in Louisiana, US.

A power purchase agreement for the entirety of the Bayou Galion Solar project has also been signed with technology giant Microsoft, while Japanese financial group Mitsubishi UFJ Financial Group acted as coordinated lead arranger for the financing of the plant.

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