Innovative power contract for solar project located about 40 miles south of Dallas

In December 2020, Lightsource bp secured a proxy generation power purchase agreement (pgPPA) with the Capital Solutions unit of Allianz Global Corporate & Specialty (AGCS), in partnership with Nephila Climate. The pgPPA is for electricity generated by Lightsource bp’s 153 megawatt Briar Creek solar farm in Navarro County, Texas. The project will provide local economic benefits beyond clean and affordable electricity for the Dallas Fort Worth area.

  • Site-Build-Timeline-Site-Selection

    Site assessment & preliminary design

  • Site-Build-Timeline-Design-Assessment

    Stakeholder outreach

  • Site-Build-Timeline-Planning

    Permitting & environmental studies

  • Site-Build-Timeline-Conditions

    Land management & biodiversity planning

  • Site-Build-Timeline-Construction

    Final engineering, financing & construction

  • Operation & maintenance

  • Decommissioning & recycling

A pgPPA is similar to a virtual PPA, except it settles energy on proxy generation rather than metered generation. Proxy generation is an hourly index that specifies the volume of energy that a project would have produced if it had been operated as specified by the developer or owner. This innovative renewable energy contract structure is intended to manage weather related supply and volume risk.

Lightsource bp is committed to being a long-term partner of the local communities in the Dallas Fort Worth area. Briar Creek is expected to generate $19.7 million in property tax revenue to Navarro County over its life, benefitting local schools and other community public services. Additionally, this solar project will create about 250 jobs during construction and bring $152 million of private capital investment in new, local energy infrastructure for Texas. Briar Creek solar farm is expected to become operational in 2021.

  • 153MWᴅᴄ
    /127MWᴀᴄ capacity
  • 223,440
    metric tons of CO2 saved each year
  • 45,815
    fuel-burning cars taken off road (equivalent)
  • 250
    local jobs created
  • $19.7M
    property tax revenue for local schools and public services
  • 27,270
    homes powered per year

Information & Resources

We’ll be updating this page with a collection of resources for anyone who’d like to know more about our Briar Creek solar project – or about solar in general – as the project progresses.

 

Coverage

Stories

Find out more about our Responsible Solar approach:

Videos of our Briar Creek Solar project

Here are some project specific updates:

Impact-Solar-Oct-2020-5-scaled

Construction starts on 316MW of solar in Texas

In January 2021 we announced that Lightsource bp had successfully closed on a $380 million financing package and mobilized construction on its Elm Branch and Briar Creek solar projects in Texas, both located about 40 miles south of Dallas.

FAQs

We’ve received lots of interest in our Briar Creek solar project, so we’ve put together a list of the most commonly asked questions, and their answers.

FAQs

Get in touch

If you’d like to find out more about this project, email info@lightsourcebp.com, or fill out the form, in the link below. We aim to get back to you within five working days.

Inquiries Form

In the community

We construct our solar farms with a view to improving soil health, fostering biodiversity, and strengthening local economies. From ecological assessments to community engagement, we do our best to create solar farms that local communities can be proud of.

Learn more about our communities

Take a look at some of our other projects

We work with businesses and communities around the world to create low carbon, solar energy projects that make a difference.

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