Recurrent Energy
Company Summary
Description
Recurrent Energy is a leading utility-scale solar project developer, delivering competitive, clean electricity to large energy buyers. Based in the U.S., Recurrent Energy is a wholly owned subsidiary of Canadian Solar Inc. and functions as Canadian Solar's U.S. project development armWebsite
http://recurrentenergy.com/Related Entities
Recent news
- 2/7/2024 - Recurrent Energy Secures... (subscriber access)
- 1/24/2024 - BlackRock Commits $500... (subscriber access)
- 1/23/2024 - Recurrent Energy Secures... (subscriber access)
- 9/20/2023 - Recurrent Energy Secures... (subscriber access)
- 9/1/2023 - Recurrent Energy Secures... (subscriber access)
Company Transactions
Date: 11/18/2019
Type: Acquisition
BUYERS:
NextEnergy Capital
SELLERS:
Canadian Solar Inc
Recurrent Energy
ASSETS:
NC 102 Solar Project
DETAILS:
NOTES:
Canadian Solar, via Recurrent Energy, has closed on the sale of a 99% stake in the 74.8 MWac/102MWp NV 102 solar project located in Cabarrus County, North Carolina, to NextEnergy Capital. The facility went online in September 2018.
Canadian Solar, via Recurrent Energy, has closed on the sale of a 99% stake in the 74.8 MWac/102MWp NV 102 solar project located in Cabarrus County, North Carolina, to NextEnergy Capital. The facility went online in September 2018.
REGIONS:
Southeast
Date: 9/12/2019
Type: Acquisition
BUYERS:
Duke Energy Renewables
SELLERS:
Recurrent Energy
PROJECTS:
Rambler Solar Project
DETAILS:
VOLUMES: 200 MW
NOTES:
Duke Energy acquired the 200 MW Rambler solar project from Recurrent Energy.
Duke Energy acquired the 200 MW Rambler solar project from Recurrent Energy.
Date: 5/16/2019
Type: Acquisition
NOTES:
Recurrent Energy sold its equity stake in the Mustang solar project to Goldman Sachs, completing the Company's sale of equity stakes in its 973 MWp portfolio of California solar projects that came online in 2016.
Recurrent Energy sold its equity stake in the Mustang solar project to Goldman Sachs, completing the Company's sale of equity stakes in its 973 MWp portfolio of California solar projects that came online in 2016.
REGIONS:
California
Date: 12/18/2018
Type: Acquisition
BUYERS:
Idemitsu Renewables
SELLERS:
Canadian Solar Inc
Recurrent Energy
PROJECTS:
Mustang Two Solar Project
DETAILS:
VOLUMES: 150 MW
NOTES:
Canadian Solar finalized the sale of its 150 MWac/210 MWp Mustang Two solar project to Solar Frontier Americas, located on 1,400 acres in Kings County, California. Solar Frontier will now finance and manage the construction of the project anticipated to begin commercial operations in 2020.
Canadian Solar finalized the sale of its 150 MWac/210 MWp Mustang Two solar project to Solar Frontier Americas, located on 1,400 acres in Kings County, California. Solar Frontier will now finance and manage the construction of the project anticipated to begin commercial operations in 2020.
Date: 10/25/2018
Type: Acquisition
BUYERS:
PKA Ltd.
SELLERS:
Canadian Solar Inc
Recurrent Energy
DETAILS:
COST: 307 $MM
VOLUMES: 49 Percent
NOTES:
Canadian Solar and Pensionskassernes Administration ("PKA") announced Recurrent Energy has finalized a transaction with PKA for interests in two solar photovoltaic projects. PKA will acquire 49% passive equity stake in the Garland and Tranquility solar facilities equivalent to 260 MWp. The deal is valued at roughly $307 million and represents PKA's first solar investment. Southern Company represents the 51% majority stake and will continue to provide asset management services on both projects.
Canadian Solar and Pensionskassernes Administration ("PKA") announced Recurrent Energy has finalized a transaction with PKA for interests in two solar photovoltaic projects. PKA will acquire 49% passive equity stake in the Garland and Tranquility solar facilities equivalent to 260 MWp. The deal is valued at roughly $307 million and represents PKA's first solar investment. Southern Company represents the 51% majority stake and will continue to provide asset management services on both projects.
REGIONS:
California
Date: 1/30/2018
Type: Acquisition
BUYERS:
Southern Company
SELLERS:
Recurrent Energy
PROJECTS:
Gaskell West 1 Solar Farm
DETAILS:
VOLUMES: 28 MWh
REGIONS:
West
Date: 11/15/2017
Type: Acquisition
BUYERS:
Falck Renewables SPA
SELLERS:
Recurrent Energy
ASSETS:
Cumberland Solar Farm
DETAILS:
VOLUMES: 71 MW
NOTES:
Recurrent signed a deal with Falck Renewables to sell a 99% stake in the Class B membership interests of the project.
Recurrent signed a deal with Falck Renewables to sell a 99% stake in the Class B membership interests of the project.
REGIONS:
Southeast
Date: 8/9/2017
Type: Acquisition
NOTES:
Recurrent Energy has announced that Sempra Renewables LLC, a subsidiary of Sempra Energy completed the purchase of the 200 MWac (281-MWp) Great Valley Solar farm.
Recurrent Energy has announced that Sempra Renewables LLC, a subsidiary of Sempra Energy completed the purchase of the 200 MWac (281-MWp) Great Valley Solar farm.
REGIONS:
West
Date:
Type: Acquisition
BUYERS:
Duke Energy Corporation
SELLERS:
Canadian Solar Inc
Recurrent Energy
PROJECTS:
Pflugerville Solar Project
DETAILS:
VOLUMES: 144 MW
NOTES:
Duke Energy Renewables has acquired the 144-MW Pflugerville Solar Project from Canadian Solar. The plant is expected online in mid-2021 and power will be sold to Austin Energy under a 15-year power purchase agreement.
Duke Energy Renewables has acquired the 144-MW Pflugerville Solar Project from Canadian Solar. The plant is expected online in mid-2021 and power will be sold to Austin Energy under a 15-year power purchase agreement.
REGIONS:
ERCOT
News & Press Releases
Criterion News
- 2/7/2024 - Recurrent Energy Secures... (subscriber access)
- 1/24/2024 - BlackRock Commits $500... (subscriber access)
- 1/23/2024 - Recurrent Energy Secures... (subscriber access)
- 9/20/2023 - Recurrent Energy Secures... (subscriber access)
- 9/1/2023 - Recurrent Energy Secures... (subscriber access)
- 10/19/2022 - Recurrent Energy and CSI... (subscriber access)
- 6/23/2021 - Recurrent Energy... (subscriber access)
- 4/23/2021 - Canadian Solar Begins... (subscriber access)
- 2/12/2021 - Energy Transfer Forms... (subscriber access)
- 1/13/2021 - Canadian Solar Completes... (subscriber access)
- 1/7/2021 - Duke Energy Renewables... (subscriber access)
- 8/18/2020 - Recurrent Energy Begins... (subscriber access)
- 11/18/2019 - Canadian Solar Closes on... (subscriber access)
- 9/12/2019 - Duke Energy Acquires 200... (subscriber access)
- 6/4/2019 - Recurrent Energy Signs... (subscriber access)
- 5/16/2019 - Recurrent Energy Sells... (subscriber access)
- 12/18/2018 - Canadian Solar Sells 150... (subscriber access)
- 10/25/2018 - Canadian Solar and PKA... (subscriber access)
- 1/30/2018 - Recurrent Energy Closes... (subscriber access)
- 11/15/2017 - Recurrent Energy Secures... (subscriber access)
- 10/23/2017 - Canadian Solar Completes... (subscriber access)
- 9/12/2017 - Canadian Solar Signs PPA for 100-MW Power Project in 2019
- 8/9/2017 - Sempra Renewables... (subscriber access)
- 1/17/2017 - Recurrent Energy Reaches... (subscriber access)
- 12/14/2016 - 200-MW Garland Solar... (subscriber access)
- 9/29/2016 - 60 MW Solar Power... (subscriber access)
- 9/26/2016 - Recurrent Energy... (subscriber access)
- 1/5/2016 - Reccurent Energy... (subscriber access)
- 11/30/2015 - Southern Power Acquired... (subscriber access)
- 11/19/2015 - Recurrent Energy... (subscriber access)
Projects & Assets
Direct Assets
Related Assets
Direct Projects
Astoria Solar Park Phase I (subscriber access)Status: (subscriber access)
Astoria Solar Park Phase II (subscriber access)
Status: (subscriber access)
Barren Ridge Solar Park (subscriber access)
Status: (subscriber access)
Mustang Solar Project (subscriber access)
Status: (subscriber access)
Roserock Solar Park (subscriber access)
Status: (subscriber access)
Garland Solar Park (subscriber access)
Status: (subscriber access)
Mustang Two Photovoltaic Project (subscriber access)
Status: (subscriber access)
Gaskell West 2 Project (subscriber access)
Status: (subscriber access)
NC 102 Solar Project (subscriber access)
Status: (subscriber access)
EL Mayo Solar Development (subscriber access)
Status: (subscriber access)
Horus Solar Development (subscriber access)
Status: (subscriber access)
Tastiota Solar Development (subscriber access)
Status: (subscriber access)
Maplewood 2 Solar Project (subscriber access)
Sunflower Solar Project (subscriber access)
Status: (subscriber access)
Crimson BESS Project (subscriber access)
Status: (subscriber access)
Related Projects
Aguascalientes Solar Farm (subscriber access)
Status: (subscriber access)
Parent Entities:
Canadian Solar Inc
Alfred Solar Project (subscriber access)
Status: (subscriber access)
Parent Entities:
Canadian Solar Inc
Aria Solar Park (subscriber access)
Status: (subscriber access)
Parent Entities:
Canadian Solar Inc
Astoria Solar Park Phase I (subscriber access)
Status: (subscriber access)
Parent Entities:
Recurrent Energy
Astoria Solar Park Phase II (subscriber access)
Status: (subscriber access)
Parent Entities:
Recurrent Energy
Canadian Solar Yangzhou Manufacturing Project (subscriber access)
Parent Entities:
Canadian Solar Inc
EL Mayo Solar Development (subscriber access)
Status: (subscriber access)
Parent Entities:
Canadian Solar Inc
Recurrent Energy
Earth Light Solar Park (subscriber access)
Status: (subscriber access)
Parent Entities:
Canadian Solar Inc
Fayetteville Solar Farm (subscriber access)
Status: (subscriber access)
Parent Entities:
Canadian Solar Inc
Gaskell West 2 Project (subscriber access)
Status: (subscriber access)
Parent Entities:
Canadian Solar Inc
Recurrent Energy
Hermosillo Solar Farm (subscriber access)
Status: (subscriber access)
Parent Entities:
Canadian Solar Inc
Horus Solar Development (subscriber access)
Status: (subscriber access)
Parent Entities:
Canadian Solar Inc
Recurrent Energy
IS42 Solar Farm (subscriber access)
Status: (subscriber access)
Parent Entities:
Canadian Solar Inc
Illumination Solar Park (subscriber access)
Status: (subscriber access)
Parent Entities:
Canadian Solar Inc
Kingston Solar Power Project Phase II (subscriber access)
Status: (subscriber access)
Parent Entities:
Canadian Solar Inc
Samsung Renewable Energy Inc
Kingston Solar Project (subscriber access)
Status: (subscriber access)
Parent Entities:
Canadian Solar Inc
Maplewood 2 Solar Project (subscriber access)
Parent Entities:
Recurrent Energy
Mustang Solar Project (subscriber access)
Status: (subscriber access)
Parent Entities:
Recurrent Energy
Canadian Solar Inc
Mustang Two Photovoltaic Project (subscriber access)
Status: (subscriber access)
Parent Entities:
Recurrent Energy
NC 102 Solar Project (subscriber access)
Status: (subscriber access)
Parent Entities:
Canadian Solar Inc
Recurrent Energy
Obregon Solar Farm (subscriber access)
Status: (subscriber access)
Parent Entities:
Canadian Solar Inc
Roserock Solar Park (subscriber access)
Status: (subscriber access)
Parent Entities:
Recurrent Energy
Tastiota Solar Development (subscriber access)
Status: (subscriber access)
Parent Entities:
Canadian Solar Inc
Recurrent Energy
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