UNITED STATES

Clean energy infrastructure asset investors

Why do top-tier financing partners choose Lightsource bp?

Lightsource bp is a global leader in the development and management of solar energy and storage projects. Leveraging our strategic partnership with bp, we are helping drive the world’s low-carbon energy transition with competitively priced, dependable, clean energy for businesses and communities. We carefully consider the circumstances and characteristics of each of our assets and structure a comprehensive financing approach.

Local success enabled by the strength of a global platform

Lightsource bp is an integrated independent power producer that is shaping the future of global energy and sustainability by financing, developing, and maintaining the highest-quality solar PV and storage projects. Our worldwide team includes more than 1200 industry specialists, working across 19 countries. We have developed and financed more than 8.4GW of projects around the world to date, with a goal of 25GW by 2025 backed by a $1.8 billion credit facility.

North America is core to Lightsource bp’s ambitions to expand its footprint. Since our first deal closed in 2019, the US team has raised over $4.6 billion in project financing. Our team has driven exponential growth with 3.2 gigawatts of projects in operation or construction to date in the US, and a pipeline of more than 30 gigawatts across one of the largest and most diverse solar and storage portfolios in North America.

Maximizing value for our partners

We integrate in-house development, asset financing, and operational management to optimize competitiveness and capture maximum value throughout the lifecycle of each clean energy project. Our approach to long-term ownership and management of the assets we develop sets us apart from other developers in the industry. It incentivizes us to deliver the highest-quality asset to our partners, and then ensures we maximize its profitability and performance. Our management services are a critical pillar to the success of our develop-own-operate model and provides a feedback loop for continual improvement and competitive advantage.

Lightsource bp in the US currently has more than 4.1 gigawatts of contracted assets under long-term offtake agreements with a diverse group of investment grade counterparties. Prominent energy buyers include Xcel Energy, Amazon, McDonald’s, eBay, Verizon, L3Harris and Penn State University.

A track record of successful project financing

Our progressive project financing structures and track record provide a platform for success and growth. With over $4.6 billion of capital raised by our expert in-house project finance team in the US with multiple debt and tax equity partners, and leveraging our strategic partnership with bp, we have access to some of the most competitive terms in the market.

Our success in project financing is a demonstration of the low risk, stable yield opportunities that renewable energy projects offer to investors, the quality and bankability of our developed assets, and the confidence that top tier investors have in Lightsource bp.

Our solar project investment partners are changing the world

Utility-scale solar project financing case studies from the USA

$380M financing

Bank of America, ING Capital LLC and Societe Generale

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$285M financing

Bank of America, Sumitomo Mitsui Banking Corporation (SMBC), Societe Generale and Export Development Canada (EDC)

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$533M financing

HSBC Bank USA, ING Capital LLC, Intesa Sanpaolo, NatWest, Societe Generale and Standard Chartered Bank

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