Recurrent Energy Closes $103 Million Tax Credit Transfer Agreement with Bank of America for North Fork Solar Project
The 160 MW North Fork Solar Project is now in operation, supplying power to the Oklahoma Municipal Power Authority
GUELPH, ON, June 27, 2024 /PRNewswire/ — Recurrent Energy, a subsidiary of Canadian Solar Inc. (“Canadian Solar”) (NASDAQ: CSIQ) and a global developer, owner, and operator of solar and energy storage assets, announced today that it has signed a $103 million tax credit facilitation agreement with Bank of America for its North Fork Solar Project (“North Folk Solar”). The 160 MW solar project, located southwest of Oklahoma City, is now operational.