KeyBank Provides Loan, Credit Facility for Recurrent Energy

Recurrent Energ, closed on a combined construction loan and construction letter of credit facility for the 20 MWac/28 MWp Gaskell West 1 solar power project.

Canadian Solar Secures $300MM Credit Facility

Canadian Solar secured a $300 million credit facility for its subsidiary Recurrent Energy from Ping An Bank. The facility will be used to support Recurrent’s solar power project development.

GE Energy Financial Invests in Recurrent Solar Project

Recurrent Energy closed on a tax equity investment commitment with a unit GE Energy Financial Services for the 75 megawatt (MWac) Astoria 2 solar power project.

Santander Arranges Construction Debt to Support Recurrent Solar Project

Canadian Solar subsidiary Recurrent Energy closed on an equity commitment with GE Energy Financial Services for a 75 megawatt solar power project. A related debt facility was arranged by Santander and included Nord/LB, Radobank, Key Bank and CIT Bank.

CIT, KeyBanc, Others Provide $480MM Debt Facility to Recurrent Energy

Canadian Solar subsidiary Recurrent Energy closed on a combined construction and term debt facility, with a syndicate of five banks, for the 200 MW AC Garland solar power project in California.

Santander Arranges $260MM Financing for Solar Power Project

Recurrent Energy closed on a tax equity investment commitment with GE Energy Financial for a solar power project. Santander Bank arranged $260 million in financing, along with a five member bank club, to support the project.