April 29, 2021
Canadian Solar Inc. (NASDAQ: CSIQ) has announced that its wholly-owned subsidiary, Recurrent Energy, LLC, recently closed a construction financing totaling over US$146 million for the construction of the 100 MW Sunflower Solar Project located in Sunflower County, Mississippi. The project is being constructed pursuant to a Build Transfer Agreement with Entergy Mississippi.
Latham & Watkins LLP represents Recurrent Energy, LLC on the financing with a project finance team led by San Diego partner Omar Nazif, with associates Joanna Gorska and Claire Bang. Advice was also provided on tax matters by Houston partner Jim Cole, with Chicago associate Michael Zucker; on environmental matters by Los Angeles/Washington, D.C. counsel Joshua Marnitz; and on energy regulatory matters by Washington, D.C. partner Tyler Brown, with associate Jamie Blackburn.