In September 2021 Lightsource bp set itself the target of reaching financial close on 25GW of solar by the end of 2025. Liam Stoker spoke to the developer’s leadership team to discover how it is expanding into new markets, securing financing deals and assembling a workforce capable of reaching that target.
Lightsource bp has closed on a US$533 million financing package for the development of 480MW of solar PV across the US as the company continues to expand its operations in the country.
Lightsource bp has closed on a US$100 million financing package for the 130MW Black Bear Solar energy project in Montgomery County, Alabama, which once complete will increase the state’s total installed solar capacity by more than 20%, according to Lightsource bp.
Solar player enlists oil major BP, HSBC, Natwest and Bank of America as it raises US$250m package to sponsor project northeast of Dallas, set to trade energy with BP.
UK player taps into one of Latin America’s solar markets-of-the-moment by purchasing Enerlife’s assets and taking on key staff of Brazilian auction winner.
Alabama Municipal Electric Authority (AMEA) and Lightsource BP have signed off on a partnership to develop a 130MW PV project in Montgomery County, Alabama.
