Recurrent Energy, LLC announced it has closed on a combined construction loan and construction letter of credit facility for the 20MWac/28MWp Gaskell West 1 solar power project.
"As we advance our solar project pipeline across the U.S., long-standing financial partners like KeyBanc Capital Markets are critical to our continued success," said Dr. Shawn Qu, chairman and chief executive officer of Canadian Solar.
"Recurrent Energy delivers consistently high-quality solar projects, and we are pleased to take a leading role in the Gaskell West 1 project," said Daniel Brown, managing director, KeyBanc Capital Markets Utilities, Power & Renewable Energy Group. "This transaction underscores our continued commitment to building sustainable communities."