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Recurrent Energy Completes Sale of 200 MWh Battery Storage Facility to Hunt Energy Network in Texas
Last canadian solar inc. - common shares earnings: 3/26 06:00 am
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US:NASDAQ Investor Relations: investors.canadiansolar.com
The transaction supports Recurrent Energy's strategy to selectively monetize projects to advance its continued growth.KITCHENER, ON, Feb. 24, 2026 /PRNewswire/ -- Recurrent Energy, a subsidiary of Canadian Solar Inc. ("Canadian Solar") (NASDAQ: CSIQ), and a leading global developer, owner, and operator of solar and energy storage assets, announced today that it has completed the sale of its 200 MWh Fort Duncan Battery Storage facility to Hunt Energy Network, L.L.C. ("Hunt Energy Network"). Canadian Solar expects to recognize the revenue from the transaction in the first quarter of 2026.Located in Maverick County, Texas, Fort Duncan Battery Storage reached commercial operation in June 2025. The company previously announced that it had secured $183 million in project financing and tax equity for the storage facility.Fort Duncan Storage operates on a merchant basis and has established itself as a top-performing standalone battery energy storage system in the ERCOT South load zone, provid
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