Southern Company subsidiary acquires first solar project in Texas
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Southern Co. (SO) Acquires Controlling Stake in Roserock Solar Facility (CSIQ)
November 30, 2015 8:41 AM ESTSouthern Co. (NYSE: SO) announced the acquisition of a controlling interest in the 157-megawatt (MW) Roserock solar facility the company's first solar project in Texas from Recurrent Energy, one of North America's largest solar developers. The latest addition to one of America's largest renewable portfolios, the facility is being developed by Recurrent Energy, a subsidiary of Canadian Solar Inc. Canadian Solar (NASDAQ: CSIQ), which will retain the remaining interest in the project.
"Southern Power's first solar project in Texas helps further the company's robust wholesale business and... More
Canadian Solar (CSIQ) Unit Closes on Financing for Texas Solar Project
November 30, 2015 8:36 AM ESTCanadian Solar (NASDAQ: CSIQ) announced that its wholly owned subsidiary, Recurrent Energy, one of North America's largest solar project developers, has closed on a combined construction and term debt facility, with a syndicate of five banks, for the 157.5 megawatt (MW)ac/ 212 MWp Roserock solar project in Texas. The project, developed by Recurrent Energy, is currently under construction. The electricity generated by... More
