Recurrent Energy has secured USD 160 million for a 127 MW PV project in Louisiana. The company has also signed a power purchase agreement with Microsoft for the entirety of Bayou Galion Solar project. Mitsubishi UFJ Financial Group was the lead arranger for this project financing. The project was conceptualized in 2018, with construction starting in December 2023. It is expected to become operational by fall 2024.
Recurrent Energy secures USD 160M for Louisiana solar project
Microsoft signs power purchase agreement with Recurrent Energy for Bayou Galion Solar project, financing led by Mitsubishi UFJ Financial Group. (Image Credit: Recurrent Energy).
The sale of Westbridge’s 75% stake in Sunnynook Solar to METLEN was completed, set to power 50,000 Alberta homes. (Image Source: Pixabay)
Module shipments in Q3 2024 reached 25,910 MW, with N-type modules comprising 90% of all shipments. (Image Source: SOLARbytes)
With revenue growth and a strong order book, AGEL sets its sights on 2025 IPO to strengthen financial resilience. (Image Credit/Source: KindelMedia/Pexels)
Runergy provides insights into ITC’s Section 337 timeline, countering misleading interpretations of its 45-day and 60-day procedural references. (Image Source: Runergy)