CohnReznick Capital Advises Recurrent Energy in Raising Tax Equity Financing for 134MW Solar Project
On September 19th, 2023, Recurrent Energy, a global developer and owner of solar and energy storage assets, announced the successful close of tax equity investment from U.S. Bancorp Impact Finance in Project Liberty Solar. The 134MWDC utility-scale solar project in Liberty County, Texas, is currently under construction and slated for a 2024 commercial operation date.
CohnReznick Capital served as Financial Advisor to Recurrent Energy on this transaction, facilitating their continued strategic expansion in North America.
Gary Durden, CohnReznick Capital Partner & Managing Director, said, “We are thrilled to have helped Recurrent Energy secure the financing needed to make Liberty Solar possible. This project will help to expand solar energy capacity in the growing Midcontinent Independent System Operator (MISO) region.”
For further details on this transaction, please contact Gary Durden.
For the full press release, please click here.
About Recurrent Energy
Recurrent Energy is one of the world’s largest and most geographically diversified utility-scale solar and energy storage project development, ownership and operations platforms. With an industry-leading team of in-house energy experts, Recurrent Energy is a wholly-owned subsidiary of Canadian Solar Inc. and functions as Canadian Solar’s global development and power services business. Additional details are available at www.recurrentenergy.com.