Recurrent Energy, a subsidiary of Canadian Solar, closed project financing and tax equity amounting to $260 million for Blue Moon Solar, a 94 MW solar power plant located in Harrison County. It will produce enough electricity to power approximately 14,000 homes annually, Recurrent reports.
The tax equity and construction financing, totaling $260 million, was provided by U.S. Bank.
“We believe everyone has a role to play in creating a sustainable future, and financing a project like Blue Moon is one way we can be responsible stewards of the environment,” said Darren Van’t Hof, managing director of environment finance for U.S. Bancorp Impact Finance. “Blue Moon Solar is one of several projects we’ve financed for Recurrent Energy, and we’re proud to support its work to expand sources of clean energy, strengthen the energy grid, and drive local job creation.”…