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
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