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.
We’ve all heard ideas like the one being expressed here, though this one sounds extreme. Jail sentence? Education is exclusively an exercise in pounding in bad habits?
What’s the outcome for students in the very worst of our schools that make no attempt whatsoever to help its pupils learn to think critically? Well, their kids learn to:
- Read and write
- Do math, at least through algebra
- Understand some level of history and geography
- Make friends and get along with others
- Establish independence from the parents
- Gain the qualifications for employment
What’s the alternative? Illiteracy? Social isolation? Child labor? Poverty? Neurotic sloth? Being a burden on society?
Is it a coincidence that the countries with the best educated children are the happiest, sanest and most productive nations on the planet?
If you’re a competent woman working at the highest echelon in the U.S. government, better start packing your bags.
Today we had another “assassination attempt.”
Is it the fourth or the fifth? I lost track after his ear grew back.
Eventually, after perhaps 20 or 30, even the most dimwitted American will recognize that he’s been played.
Trump is a man of God like I’m a bald eagle.
How Much Further Does the Trust of the American People Extend?
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