The 200MW portfolio represents one of the largest non-recourse solar financing deals in North America, San Francisco-based Recurrent says.
Recurrent chief executive Arno Harris says, "This transaction provides yet more evidence that solar is a mainstream energy source attracting significant investment from established financial partners. This is what solar looks like at scale.”
Japanese bank Mizuho has previously financed other significant solar projects, including a €300m deal for an Acciona Termosolar in Spain and a 38MW project in Thailand.
