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Home » News » Solar » Recurrent Energy Secures $100 Million Financing for 300MW Ciranda Solar Power Cluster in Brazil
Solar

Recurrent Energy Secures $100 Million Financing for 300MW Ciranda Solar Power Cluster in Brazil

By Patrick VaughnNovember 23, 20232 Mins Read
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Credit: Recurrent Energy
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Recurrent Energy has successfully secured $100 million in non-recourse project financing for its 300MW Ciranda Solar Power Cluster. The financing, a combination of a BRL 285 million bond from Ciranda Phase I and a BRL 205 million facility from Banco Nacional de Desenvolvimento Econômico e Social (BNDES) for Ciranda Phase II, marks a significant milestone

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