Solar Energy

Recurrent Energy Secures $695 Million Financing for 330 MW Cobalt Solar Project

Aug 14, 2026 - 10:08
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Recurrent Energy Secures $695 Million Financing for 330 MW Cobalt Solar Project

Recurrent Energy, a subsidiary of Canadian Solar Inc., has obtained $695 million in financing for its 330 MW Cobalt Solar project in California, set to be operational by 2027. The funding, led by MUFG and Nord/LB, includes debt and tax equity investments from Wells Fargo, promising economic benefits for Riverside County.

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