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Lightsource Bp Closes Financing On 135Mw Conway Solar Project In Arkansas

PRIVATEJan 12, 2022

Round Type

Funding Round

MontgomerySustainabilityNatural Resources

Description

Lightsource bp has successfully closed on a $533 million multi-project financing package and will soon mobilize construction on its 135 megawatt (dc) Conway Solar project located near Happy, Arkansas, approximately 55 miles northeast of Little Rock. Lightsource bp will build, own and operate the facility and deliver the clean, renewable energy it generates to Conway Corp under a long-term power purchase agreement for their customers in the City of Conway. The solar farm will generate enough electricity to power more than 21,400 homes, and will also play a role in reducing the city’s carbon footprint by the equivalent of CO2 emissions from 35,400 fuel burning cars annually.

Quick answer

Lightsource Bp raised an undisclosed amount in a Funding Round round, dated January 12, 2022. Lightsource Bp is based in Montgomery, Alabama, United States.

How much did Lightsource Bp raise?
Lightsource Bp raised an undisclosed amount in a Funding Round round on January 12, 2022.
What does Lightsource Bp do?
Lightsource bp is a global leader in the development and management of solar energy projects, and a 50:50 joint venture with bp.
Where is Lightsource Bp based and how big is it?
Lightsource Bp is based in Montgomery, Alabama, United States.
Who are the decision-makers at Lightsource Bp?
Fundz holds 1 contact at Lightsource Bp, including the Structured Finance. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Sustainability and Natural Resources around the same time

Companies in the same sectors as Lightsource Bp that raised within 45 days of this round, from Fundz verified event records.

  • Erthos raised $25M on February 24, 2022.
  • Palmetto raised $375M (Funding Round) on February 24, 2022.
  • Diversified Energy raised an undisclosed amount (Funding Round) on February 24, 2022.
  • Antora Energy raised $50M (Funding Round) on February 16, 2022.
  • Focus Graphite raised an undisclosed amount on February 14, 2022.
  • Diversified Energy raised an undisclosed amount (Funding Round) on February 7, 2022.

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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.

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Related People

1 contact
Verified contactsWanda A., Structured FinanceSee plans and pricing
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Lightsource Bp raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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