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Recurrent Energy close Solar Project Fund with Morgan Stanley
(26/12/2007)

Recurrent Energy, a solar services company, has announced the close of a $200 million staged solar project fund with Morgan Stanley. The fund represents a commitment by Morgan Stanley to provide financing for $100mm of Recurrent Energy’s solar electric power projects in 2008 and an additional $100mm in 2009. Recurrent Energy sells solar electricity from its projects to institutional property owners (REITs and pension funds) and their tenants v... [more]

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