NC 102 Project
Recurrent Energy closed a $106.7 million debt facility from Prudential Capital Group plus a separate tax equity investment from U.S. Bancorp Community Development Corporation for the 74.8 MWac NC 102 solar project in Cabarrus County, North Carolina.
$107M
Deal Value
74.8MW
Capacity
Solar
Technology
NC
Location
Deal Details
- Deal Type
- Debt and tax equity
- Seller / Sponsor
- Recurrent Energy
- Buyer / Financier
- Prudential Capital Group
- Deal Value
- $106.7M
- Stage
- operating
- Source
- Company press release
Related Deals
Stanford Solar Generating Station 2 — 88 MW (63 MWac) solar, Kings County, California (CAISO)
Recurrent Energy (Canadian Solar) → Stanford University
Maplewood Solar — 222 MW solar, TX (ERCOT)
Recurrent Energy (Canadian Solar) → Anheuser-Busch
Crimson Storage — 350 MW / 1,400 MWh standalone Li-ion battery storage, Riverside County, CA
Recurrent Energy (Canadian Solar) → Axium Infrastructure
~$550M (project cost)
Summit Farms Solar — 60 MW solar, Currituck County, North Carolina (Duke)
Dominion Energy → MIT (consortium with Boston Medical Center + Post Office Square Redev)
Buckleberry Solar — Solar project, NC (CPLE). MW not publicly disclosed.
Buckleberry Solar, LLC → Duke Energy Progress, LLC
Mira Loma Battery Storage Facility — 20 MW / 80 MWh Li-ion (~400 Tesla Powerpacks)
Tesla → Southern California Edison
20 MW
Leadership at the Counterparties
Recent executive moves at the firms named in this deal.
Get deals like this in your inbox
Free weekly clean energy deal intelligence. Every Monday.