Lightsource BP — remaining 50.03% stake in global solar developer with 62 GW pipeline across 19 markets
BP acquires remaining 50.03% of Lightsource BP for GBP 400M ($519M), consolidating full ownership. Lightsource BP has 62 GW development pipeline, operations in 19 markets, 576 MW operational in Texas. Retains standalone operating model and brand.
$519M
Deal Value
5,000MW
Capacity
Solar
Technology
Multi-state
Location
Deal Details
- Deal Type
- Corporate M&A
- Seller / Sponsor
- Lightsource BP minority shareholders
- Buyer / Financier
- BP
- Deal Value
- $519M
- Stage
- Mixed (Operating + Construction + Development)
- ISO/RTO
- Multiple
- Source
- BP
Service Providers
Advisory & Legal
- Buyer Counsel
- Linklaters
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Leadership at the Counterparties
Recent executive moves at the firms named in this deal.
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