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Category: Finance

Recurrent secures $415M credit facility to fund power production

Sustainable Biz Canada Staff Finance Canadian Solar International May. 2 2025

Recurrent Energy has secured US$415 million in a credit facility geared toward expanding its portfolio of solar and energy storage projects to more markets, as it looks to own electricity-generating assets and sell the energy.

RBC exits $500B sustainable finance goal, cites anti-greenwashing law

Tyler Choi Finance RBC Toronto / GTA Apr. 30 2025

RBC (RY-T) is abandoning its commitment to facilitate $500 billion in sustainable finance by 2025 and its methodology for measuring progress toward the goal, according to its 2024 sustainability report.

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