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Source: WRAL TECHWIRE, 1/7/21
Continuing to grow its renewable power sources, Duke Energy is buying a huge solar power complex being built near Austin, Texas. The deal is with Recurrent Energy and represents the fifth sale made between the two firms. Financial terms were not disclosed but the companies said Recurrent Energy, a subsidiary of Canadian Solar, had raised $234 million to finance construction. The site, which covers 932 acres and will provide enough power for some 27,000 homes, is expected to go online by mid year. For more of this story, click here.
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