Recurrent Energy corporate credit facility — multi-currency up to $415M with accordion feature
Multi-currency corporate debt facility backed by four-bank consortium. Accordion feature allows upsizing. Supports Recurrent Energy's global IPP growth strategy. Available in USD, EUR, GBP, AUD.
$415M
Deal Value
Solar + Storage
Technology
Multi-state
Location
Deal Details
- Deal Type
- Corporate Debt & Capital Markets
- Seller / Sponsor
- Recurrent Energy
- Deal Value
- $415M
- Stage
- Development
- ISO/RTO
- Multiple
- Source
- Canadian Solar
Capital Structure
$415M
Total transaction value
Tranches
- Multi-currency Corporate Credit Facility (with accordion) · Banco Santander / Rabobank / Intesa Sanpaolo / Morgan Stanley
- $415M
Service Providers
Advisory & Legal
- Financial Advisor
- Santander
Finance Counterparties
Lenders & Capital Providers
- lender
- Santander; Rabobank; Intesa Sanpaolo; Morgan Stanley
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Leadership at the Counterparties
Recent executive moves at the firms named in this deal.
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