Canadian Solar subsidiary Recurrent Energy has closed on a BlackRock investment funding its platform, totaling $500 million once fully complete.
The investment will represent 20% of the outstanding fully diluted shares of Recurrent Energy on an as-converted basis. Canadian Solar will continue to own the remaining majority shares of the company.
“With this financial and strategic support from BlackRock, Recurrent Energy is well-equipped to advance our development of key solar and energy storage projects globally,” says Ismael Guerrero, CEO of Recurrent Energy.
“We value our partnership with BlackRock and appreciate their commitment to our mission of delivering clean, reliable, and affordable power to the world, today and tomorrow.”
BlackRock is making the investment through a fund managed by its Climate Infrastructure business.
The post Recurrent Energy Closes on $500M BlackRock Initial Investment appeared first on Solar Industry.
Not sure about this.
A magna cum laude graduate of Harvard Law School might struggle to identify a bear. Could be.
This is the intelligence level of the American electorate today.
The Chinese ownership of American farmland is less than 0.00036, or 0.036%. To put this into perspective, if the entirety of U.S. farmland were reduced to one acre, the Chinese government and business interests would own less than 15 square feet, about half the size of a small broom closet.
Yet, true to form, this is a huge issue for the MAGA base.
This guy is quite effective in talking to uneducated, conservative Americans, most of whom have never traveled to, or even read anything about the happiest countries on Earth.
If I were going to make a statement about the relationship between social justice and despotism, I would at least consider the lives of the people in places that consider social justice to be something of importance, and compare/contrast this to the list of the countries that are perennially at the top of the World Happiness Rankings.
What makes the people in New Zealand, Iceland, Costa Rica, Northern Europe, etc., so happy? Why do these are these nations suffer exactly zero despotism?
I would be completely ashamed of myself if I were to forward a political theory that had precisely no basis in fact.
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