Danish pension service provider acquires stake in two California utility-scale solar projects

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Canadian Solar and Pensionskassernes Administration (PKA), one of Denmark’s largest pension service providers, announced Recurrent Energy, a wholly owned subsidiary of Canadian Solar, has finalized a transaction with PKA for its interests in two solar photovoltaic projects. In a deal valued around $307 million, PKA will acquire Canadian Solar’s 49% passive equity stake in the…

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