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Home » Energy Storage » BlackRock Completes $500 Million Investment in Recurrent Energy
Energy Storage

BlackRock Completes $500 Million Investment in Recurrent Energy

By Christopher EvansOctober 6, 20241 Min Read
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Credit: Recurrent Energy
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A fund managed by BlackRock Inc.'s Climate Infrastructure business has finalized a USD 500 million (EUR 453.5 million) investment in Recurrent Energy, a solar and energy storage division of Canadian Solar Inc. The closing of this transaction, which provides BlackRock with a 20% stake in Recurrent Energy's fully diluted shares, was confirmed on Thursday. The

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