Recurrent energy announces closing of $500 million investment from blackrock

New york and guelph, ontario , oct. 3, 2024 /prnewswire/ -- recurrent energy, a subsidiary of canadian solar inc. ("canadian solar") (nasdaq: csiq) and a global developer, owner, and operator of solar and energy storage assets, announced today the final closing of a $500 million investment in recurrent energy by blackrock through a fund managed by its climate infrastructure business ("blackrock"). the transaction, announced in january 2024, has been completed following the receipt of the second and final payment.
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