Recurrent Energy Announces $500 Million BlackRock Capital Commitment 

Canadian Solar subsidiary Recurrent Energy has secured a $500 million preferred equity investment commitment, convertible into common equity, from BlackRock through a fund managed by its Climate Infrastructure business.  The investment will represent 20% of the outstanding fully diluted shares of Recurrent Energy on an as-converted basis. Canadian Solar will continue to own the remaining … Continue reading Recurrent Energy Announces $500 Million BlackRock Capital Commitment