Recurrent energy closes $825 million in project financing for arizona energy projects

Recurrent energy's latest solar and energy storage projects support arizona public service's record power needs kitchener, on , oct. 21, 2025 /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, today announced it has closed $825 million in construction financing and tax equity for its desert bloom storage and papago solar facilities. nord/lb, mitsubishi ufj financial group, inc. (mufg), cobank, and siemens financial services provided the construction financing, and wells fargo provided the tax equity.
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