Second Division Solar
Lightsource bp closed a $348 million debt financing package for a 288 MW Texas solar portfolio comprising the 130 MW Second Division Solar and the 163 MW Starr Solar, with Societe Generale, ING and Allied Irish Banks as lead arrangers.
$348M
Deal Value
130MW
Capacity
Hybrid
Technology
TX
Location
Deal Details
- Deal Type
- Construction and term debt financing
- Seller / Sponsor
- Lightsource bp
- Buyer / Financier
- Societe Generale
- Deal Value
- $348M
- Stage
- operating
- ISO/RTO
- ERCOT
Related Deals
Penn State Solar — 70 MW solar, Franklin County, Pennsylvania (PJM)
Lightsource bp → Penn State
AMEA Alabama Solar — 100 MW solar, Alabama
Lightsource bp → Alabama Municipal Electric Authority (AMEA)
Lightsource bp — global solar developer/operator (~16 GW pipeline at the time; major presence in US/Spain/India/Brazil)
Lightsource bp shareholders (50% stake) → bp p.l.c.
Undisclosed (subsequently announced $254M cash investment)
High Lonesome Wind
Enel Green Power North America → Danone North America
50 MW
High Lonesome Wind
Enel Green Power North America → Allianz Global Corporate & Specialty, Nephila Climate
295 MW
Mira Loma Battery Storage Facility — 20 MW / 80 MWh Li-ion (~400 Tesla Powerpacks)
Tesla → Southern California Edison
20 MW
Leadership at the Counterparties
Recent executive moves at the firms named in this deal.
Get deals like this in your inbox
Free weekly clean energy deal intelligence. Every Monday.