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Drawing on decades of experience, our management team continue to push the boundaries of global solar development. By finding new ways to utilise cutting edge technologies alongside innovative financial structures, our people are paving the way for solar energy to fulfil its true potential.
The talent and passion of our employees has driven our incredible growth from a six-person start-up in 2010 to a global market leader with six offices across three continents.
In 2010, Nick founded Lightsource Renewable Energy, then just a six-person start-up, which quickly grew over 5 years to become Europe’s largest solar developer and operator and a recognised global leader. In his role as Group CEO, Nick’s dynamic leadership and vision has driven the company to tremendous success and in December 2017, Lightsource announced a strategic partnership with BP which has committed aggressively to accelerate the low carbon transition. The company has rebranded to Lightsource BP in affirmation of this powerhouse commitment which is set to shape the future of global energy delivery. Nick previously sat at Board and Senior Director level in a number of leading retail financial service companies. Throughout his career, Nick has always been recognised for his entrepreneurial skill and success in pairing retail financial products with low-risk, predictable investments.
Paul co-founded the company in 2010 and is based in the London office. His responsibilities include debt and equity fundraising for all solar asset developments, project investment structuring and M&A. He is a member of Lightsource’s Investment Committee and a Board Director. During his tenure at Lightsource, Paul has raised over £1.6bn of project financing and led the recent Blackrock equity transaction in the UK. Prior to co-founding the company, he spent six years in the power finance team at Investec Bank and was involved in equity and debt transactions in the energy, renewable and industrial sectors. Prior to Investec, Paul was Assistant Director of project finance at Rolls-Royce Power Ventures, an independent power project developer based in London. Paul holds a degree in Engineering from Birmingham University.
Kareen is responsible for all operational and project execution at Lightsource globally. She has led the development and management of Lightsource’s expanding portfolio, successfully reaching significant milestones including the first company to reach 1GW installed capacity in the UK and securing the company’s position as the leading solar developer in Europe. Prior to Lightsource, Kareen worked for solar EPC company, Solar Century, and a number of successful US technology businesses including WebMethods and Sonic Software.
Randal Barker is General Counsel and a member of the Executive Committee of Lightsource BP based in London. Randal previously held senior legal and commercial positions with BHP Billiton in London and Australia. Earlier in his career, Randal worked in law firms in Vancouver (Norton Rose Fulbright), Tokyo (Anderson Mori) and London (Hogan Lovells) as an M&A and capital markets lawyer. He also worked in-house as the General Counsel of a GE Capital business in Europe and as the General Counsel and Company Secretary of two FTSE100 companies headquartered in London (Resolution plc and ENRC PLC). Randal is a member of the GC100 (The Association of General Counsel and Company Secretaries of the FTSE100) and was on the Executive Committee of that organisation for many years. Randal is an alumnus of Harvard, the McGill University Faculty of Law, and INSEAD, and is admitted to practice law in the UK, Canada, the USA and Australia.
Carol is an internationally experienced Chief Financial Officer with experience spanning across natural resources and renewable energy. Prior to joining Lightsource BP, Carol held various senior financial positions at Vestas Wind Systems (a global leader in wind energy) based in Australia, Denmark and Spain. During this time Carol supported a 10bnEUR turnover as a Regional Chief Finance Officer, leading over 80 finance professionals supporting the Southern Europe, Middle East, North Africa and Latin America region. Carol was responsible for financial management of the entire value chain including sales, manufacturing, construction and after sales service, including the penetration and entry of new markets. Carol holds a degree in Business (Accounting) from Victoria University in Australia, and is a Certified Practicing Accountant.
90 combined years of management experience in financial and solar industries.
Solar projects delivered in 15 countries worldwide
Approximately £2.5 billion deployed into solar assets with world class, award winning financing
Proven management and value creation for investor track-record in UK and North American markets
Extensive in-house experience in M&A across the infrastructure and energy sectors
Track record of raising debt in both the banking and institutional markets