Canadian Solar subsidiary Recurrent Energy has secured $160 million in financing for its 127 MW Bayou Galion Solar project, located in Louisiana’s Morehouse Parish.
Microsoft will purchase 100% of the energy and renewable credits produced by the project, which is currently under construction and expected to be operational by fall.
Recurrent began development of Bayou Galion Solar in 2018 and commenced construction last December, selecting Primoris Renewables as its engineering, procurement and construction partner. Once construction is completed, Recurrent will own and operate the project.
“We are very pleased to announce the successful close of project financing and PPA signing for Bayou Galion Solar in Louisiana,” says Ismael Guerrero, CEO of Recurrent Energy. “This project represents an important milestone as we continue to advance our pipeline in new markets and increase project ownership. Bayou Galion Solar extends our relationship with our esteemed partners at MUFG and establishes a new relationship with Microsoft, one of the world’s largest renewable energy power buyers.”
Mitsubishi UFJ Financial Group acted as coordinating lead arranger for the financing.
The post Recurrent Energy Secures Financing for Bayou Galion Project appeared first on Solar Industry.
When I was in college in the 1970s, I recall hearing people say, “We’ll have solar energy when the Rockefellers own the sun.”
Nothing’s changed too much in half a century.
It’s hard to imagine how certain politicians can lose in the 2026 midterms, even with “the kiss of death” (Trump’s endorsement).
This guy’s district in Texas is largely the panhandle, far from the more educated and sophisticated parts of the state in Dallas, Houston, San Antonio, and Austin.
He’s a physician and retired admiral.
If for some horrible reason I lived in a town in that district, perhaps called Buzzardsbreath, TX, I would probably vote for him myself, even with Trump’s endorsement.
Even Trump’s Endorsement Can’t Ruin This Guy’s Chances in His Race for Office
I met a guy yesterday you told me, “We live on this planet at the generosity of the forces of nature. These privileges can be withdrawn at any time, and without notice.”
I thought that was clever.
A Metaphor on the Natural Forces that Support Human Life on Earth
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