Project Finance Brief: Recurrent Energy Acquires 420 MW Solar Portfolio in Spain

Invenergy secures $1.3 billion to develop renewable energy projects

March 27, 2024

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Recurrent Energy, a global developer, owner, and operator of solar and energy storage and a subsidiary of Canadian Solar, announced the acquisition of a solar PV portfolio with more than 420 MW capacity in South Spain. The portfolio, located in Carmona, consists of a cluster of four projects, Rey I, II, III, and IV, which are under construction and will feature Canadian Solar’s TopBiHiKu7 N-type bifacial TOPCon technology modules.

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