Recurrent Energy closes $695 million financing for 330 MW Cobalt Solar project in California

• Recurrent Energy closed USD 695 million of project financing and tax equity for the 330 MW Cobalt Solar project in California.
• Debt package totaled about USD 484 million, led by MUFG, Nord/LB.
• Wells Fargo provided USD 211 million of tax equity for the project.
• Facility in Riverside County is under construction, targeting commercial operations by end-2027.
• Project expected to generate power equivalent to about 82,000 homes annually.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Recurrent Energy LLC published the original content used to generate this news brief on August 13, 2026, and is solely responsible for the information contained therein.