Canadian Solar subsidiary Recurrent Energy completes sale of Mustang Solar Project to Goldman Sachs

Solar panels  manufacturer  and project developer based in Ontario, Canadian Solar Inc., announced its wholly owned subsidiary Recurrent Energy, LLC has sold its equity stake in the 134 MWp/100 MWac Mustang solar project to the Renewable Power Group of Goldman Sachs Asset Management, L.P. This transaction completes Recurrent Energy’s sale of equity stakes in the 973 MWp portfolio of California solar projects that came online in 2016. The Company expects to recognize the sales revenue from Mustang in the second quarter of 2019.

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Canadian Solar buys Recurrent Energy from Sharp Corporation

Canadian Solar, one of the world’s largest solar power companies, today announced that it has completed the acquisition of Recurrent Energy, a leading North American solar energy developer, from Sharp Corporation.

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