Recurrent Energy sells 49.9-MWp UK solar project to Centrica

• Recurrent Energy sells 49.9-MWp Middle Road solar project in UK to Centrica Business Solutions, showcasing strategic flexibility and commitment to asset retention in Europe and North America.

Recurrent Energy, a unit of Canadian Solar Inc, has sold the 49.9-MWp Middle Road solar project in the UK to Centrica Business Solutions. The project, located in the West Midlands, is a zero-subsidy project that is fully permitted and ready for construction in Harbury, Warwickshire. Construction is expected to begin this summer and be completed next year.

Ismael Guerrero, CEO of Recurrent Energy, stated that while the company is focusing on asset retention in Europe and North America, the sale of the Middle Road project to Centrica demonstrates their flexibility to partner with leading companies on strategic transactions. Recurrent Energy's current project pipeline in the UK includes over 2.6 GWp of solar PV and 6.7 GWh of battery storage.

What strategic transaction did Recurrent Energy make with Centrica Business Solutions in the UK?

• Recurrent Energy sold the 49.9-MWp Middle Road solar project in the UK to Centrica Business Solutions.
• The project is located in the West Midlands and is a zero-subsidy project that is fully permitted and ready for construction in Harbury, Warwickshire.
• Construction of the project is expected to begin this summer and be completed next year.
• Ismael Guerrero, CEO of Recurrent Energy, mentioned that the company is focusing on asset retention in Europe and North America, but the sale of the Middle Road project to Centrica demonstrates their flexibility to partner with leading companies on strategic transactions.
• Recurrent Energy's current project pipeline in the UK includes over 2.6 GWp of solar PV and 6.7 GWh of battery storage.