Falck Renewables Acquires 92 Megawatt North Carolina Solar Project From Canadian Solar Subsidiary Recurrent Energy

Falck Renewables Acquires 92 Megawatt North Carolina Solar Project From Canadian Solar Subsidiary Recurrent Energy

Italy-based Falck Renewables has this week closed a deal to acquire a 99% stake in a 92 megawatt solar PV project in North Carolina from Canadian Solar subsidiary Recurrent Energy for $43 million. Announced on Monday, Falck Renewables announced that it closed the sale of a 99% stake from the partnership that owns the Class B membership interest in a 92 MW (megawatt) solar project in North Carolina creatively named IS-42, which reached commercial operation at the end of September and is currently delivering its electricity to Duke Energy Process under a Power Purchase Agreement (PPA). Falck Renewables acquired […]

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