Recurrent Energy has closed an US$18 million long-term debt financing for the 5MW solar power system
Recurrent Energy has closed an US$18 million long-term debt financing for the 5MW solar power system at San Francisco’s Sunset Reservoir. Prudential Capital Group provided the 24-year term debt financing for the power system, which is expected to be at full operation this fall. At its completion, the Sunset Reservoir installation will be the largest municipal solar power system in the U.S.