Recurrent Energy Secures Financing for 152 MW Solar Project in Brazil

The solar project is currently under construction and is expected to be operational in Q4 of 2024

April 22, 2024

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Recurrent Energy, a solar project developer and a wholly-owned subsidiary of Canadian Solar, secured 343 million Brazilian Reais (~$70 million) of non-recourse project financing from Banco do Nordeste do Brasil (BNB) for the Jaiba III solar project in Brazil.

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