Recurrent Energy secures $500 Million capital boost from BlackRock 

Recurrent Energy, a subsidiary of Canadian Solar, has secured a $500 million investment commitment from BlackRock’s Climate Infrastructure business, representing 20% of its shares. Canadian Solar retains the majority ownership as Recurrent Energy transitions to an owner-operator role in key markets like the U.S. and Europe. This strategic shift enhances the project development pipeline and overall positioning for Recurrent Energy.