Recurrent Energy Closes on $500m Blackrock Initial Investment
Canadian Solar subsidiary Recurrent Energy has closed on a BlackRock investment funding its platform, totaling $500
Solar Industry 3:45 pm on June 3, 2024
BlackRock invests $500 million in Recurrent Energy, aiding global solar energy development. This financing bolsters the company's project pipeline and underscores BlackRocks commitment to clean energy through its Climate Infrastructure funding arm.
- Financial Support:
- BlackRock's $500 million investment in Recurrent Energy.
- Strategic Partnership:
- Boost to solar and energy storage projects globally.
- Climate Commitment:
- Backing from BlackRock's Climate Infrastructure fund management.
https://solarindustrymag.com/recurrent-energy-closes-on-500m-blackrock-initial-investment