Recurrent Energy Closes on $500M BlackRock Investment

Canadian Solar subsidiary Recurrent Energy has closed on a BlackRock investment funding its platform, totaling $500 million once fully complete. 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 majority shares of the company. “With this financial and … Continue reading Recurrent Energy Closes on $500M BlackRock Investment