KITCHENER, ON, JUNE 23, 2025 – Recurrent Energy, a subsidiary of Canadian Solar Inc. (NASDAQ: CSIQ) and a leading global developer, owner, and operator of solar and battery energy storage projects, today announced the successful financial close of a landmark transaction involving its Italian portfolio. The portfolio is held through an Italian Real Estate Investment Fund (REIF), a privately held investment vehicle majority-owned by Recurrent Energy.