In 2015, Recurrent Energy, a wholly-owned subsidiary of Canadian Solar, raised $3.1bn in project financing to support the development of this portfolio.
US Bancorp community Development Corp. made a tax equity investment commitment for Mustang.
Recurrent will sell all power – enough for 45,000 homes - from Mustang under long-term off-take agreements to Sonoma Clean Power and MCE.
Blattner Energy served as engineering, procurement and construction contractor.
“High-quality solar projects like Mustang are an important strategic investment for U.S. Bank, which provide jobs to local communities, while delivering clean, reliable energy to the state of California,” says Adam Altenhofen, vice Ppesident of USBCDC.
Recurrent owns and operates various PV projects in California.
