Lightsource closes $376 million multi-project financing package

Chicago, Dec. 21 – Lightsource BP closed on a $376 million multi-project financing package for solar projects, according to multiple press releases.

A power purchase agreement with Verizon Communications Inc. helped facilitate the financing.

Debt for the portfolio was provided by mandated lead arrangers ING Capital LLC, Sumitomo Mitsui Banking Corp., HSBC Bank USA, NA and NatWest.

London-based Lightsource is a solar project funding and development company with operations in the Middle East and Africa, Asia Pacific and the Americas. U.S. operations are based out of San Francisco.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.