Canadian Solar subsidiary Recurrent Energy has secured a $500 million preferred equity investment commitment, convertible into common equity, from BlackRock through a fund managed by its Climate Infrastructure business.
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 Recurrent Energy after the closing of the investment.
The investment will provide Recurrent Energy with additional capital to grow its development pipeline while executing its strategy to transition from a pure developer to a developer plus long-term owner and operator in select markets.
“We are delighted to have the support of BlackRock, one of the largest and most sophisticated renewable energy investors in the world, as we scale Recurrent Energy in response to massive global demand for renewable energy and energy storage solutions,” says Recurrent Energy CEO Ismael Guerrero. “This investment will support our growth and continued ambition to make a difference by leading the renewable energy transition across the world.”
As of September, Recurrent Energy had a global development pipeline of 26 GW in solar and 55 GWh in storage.
BofA Securities, Inc. and Banco Santander, S.A. acted as financial advisors to Canadian Solar.
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Recurrent Energy Announces $500 Million BlackRock Capital Commitment
If the question at left were posed to me, I would respond: love one another.
Below is the seal of the school I attended as a boy. The motto in ancient Greek, close to the bottom, is pronounced “fuh-LAY-ta uh-LAY-loose,” and translates into English as exactly that–love one another.
This concept sits at the basis of Quakerism, the principle upon which the Willliam Penn Charter School (“PC”) in Philadelphia was founded in 1689. We are all equal. We all share “personhood.”
To most PC graduates, it’s weird when we hear, for instance, that the Christians and the Muslims or that the Sunnis and the Shiites “don’t get along.” Can’t we just knock off this mean and childish behavior? Our common humanity sits right in front of our noses.
The cave drawings at Lascaux that were made 40,000 years ago reveal something very important. We today are no different from the people living at that time in any way that is fundamental or basic. We all love our children, and we all gaze at the sky, contemplating the wonders of the universe.
Harming each other is the repellant to our minds.
What do you notice about the shopping bag in the photo?
It has no handles.
That’s right, Albertson’s, with annual revenues of more than $83 billion, has decided to inconvenience its customers, forcing them to wrap both of their arms around their grocery bags to get them into and out of their shopping carts, into and out of their cars, and finally into their homes.
The savings? From what I can learn from AI, the answer is somewhere around $0.12 each. If you’re interested, you can Google: “cost per 1000000 paper grocery bags.”
I understand that grocery stores operate on low margins, but if it were my decision to make, I wouldn’t be deliberately pissing off my customers, many of them elderly, who are spending $100 for a bag of my groceries in order to save 12 cents.
Yet the Albertson’s example isn’t unique; in fact, it’s everywhere you go. Look at your cell phone bill and your streaming services. Corporate greed is grinding you into the pavement while it relished in your misery.
What do you notice about the shopping bag in the photo?
It has no handles.
That’s right, Albertson’s, with annual revenues of more than $83 billion, has decided to inconvenience its customers, forcing them to wrap both of their arms around their grocery bags to get them into and out of their shopping carts, into and out of their cars, and finally into their homes.
The savings? From what I can learn from AI, the answer is somewhere around $0.12 each. If you’re interested, you can Google: “cost per 1000000 paper grocery bags.”
I understand that grocery stores operate on low margins, but if it were my decision to make, I wouldn’t be deliberately pissing off my customers who are spending $100 for a bag of my groceries in order to save 12 cents.
Yet Albertson’s isn’t unique; in fact, it’s everywhere you go. Look at your cell phone bill and your streaming services. Corporate greed is grinding you into the pavement while it relished in your misery.
https://www.2greenenergy.com/2026/07/22/why-are-huge-corporations-slapping-their-customers-in-the-face/
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