Canadian Solar's Recurrent Energy To Bolster Its Italian Clean Energy Portfolio With €50 Million Facility From The European Investment Bank
Portfolio Pulse from Benzinga Newsdesk
Canadian Solar's subsidiary, Recurrent Energy, has secured a €50 million loan from the European Investment Bank to develop a solar energy portfolio in Italy. This move strengthens Recurrent Energy's position in Italy's clean energy market and supports Europe's renewable energy goals.
July 24, 2024 | 12:30 pm
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Canadian Solar's subsidiary, Recurrent Energy, has secured a €50 million loan from the European Investment Bank to develop a solar energy portfolio in Italy. This move strengthens Recurrent Energy's position in Italy's clean energy market and supports Europe's renewable energy goals.
The €50 million loan from the European Investment Bank will enable Recurrent Energy to expand its solar energy projects in Italy, enhancing its market position and contributing to Europe's renewable energy targets. This positive development is likely to boost investor confidence in Canadian Solar.
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