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5 hours ago

Recurrent Energy Secures $695 Million Financing For 330 MW Solar Project in California

Recurrent Energy has secured USD 695 million financing and tax equity for its 330 MW Cobalt Solar project in California. The funding includes USD 484 million debt from Mitsubishi UFJ Financial Group and Nord/LB, along with USD 211 million tax equity from Wells Fargo. Located in Riverside County, the project is under construction and expected to begin operations by 2027.

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