logo
logo

Lightsource Bp Closes $100 Million Financing On One Of The Largest Solar Projects In Alabama

Dec 20, 2021over 3 years ago

Amount Raised

$100 Million

MontgomeryNatural ResourcesSustainability

Description

Lightsource bp has successfully closed on a $100 million financing package for its 130 megawatt (MWdc) Black Bear Solar energy project in Montgomery County, Alabama. When complete, Black Bear will meaningfully contribute to Alabama’s cumulative utility-scale solar capacity.

Company Information

Company

Lightsource Bp

Location

Montgomery, Alabama, United States

About

Lightsource bp is a global leader in the development and management of solar energy projects, and a 50:50 joint venture with bp. Our purpose is to deliver affordable and sustainable solar power for businesses and communities around the world. Our team includes over 600 industry specialists, working across 15 countries. We provide full scope development for our projects, from initial site selection, financing and permitting through to long-term management of solar projects and power sales to our clients. Lightsource bp in the U.S. is headquartered in San Francisco with development offices in Denver, Philadelphia, Atlanta, and Austin. For more information visit lightsourcebp.com, follow us on Twitter @lightsourceBP and Instagram @lightsourcebp or view our LinkedIn page.

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech