Lightsource bp has successfully closed on a $348 million financing package, set to support the construction and operation of a 288 MW portfolio comprised of two utility-scale solar projects in Texas.
The financed projects are the company’s 163 MW Starr Solar located in Starr County, Texas and 125 MW Second Division Solar project located in Brazoria County, Texas. Both projects are scheduled to come online this year.
“This deal is an important milestone towards building out our growing portfolio of solar and storage projects across the United States, extending our relationship with several top-tier financing counterparties, each of whom have partnered with Lightsource bp on previous transactions,” says Lightsource bp’s Emilie Wangerman. “It’s also our first transaction to benefit from the transferability provisions of the Inflation Reduction Act of 2022 to monetize the projects’ investment tax credits.”
Societe Generale served as the coordinating lead arranger and hedge provider. ING served as a mandated lead arranger, hedge provider, green loan coordinator, as well as the administrative agent and collateral agent. NatWest acted as a lender to the company. Lloyds Banking Group served as a mandated lead arranger and hedge provider. Allied Irish Banks served as a mandated lead arranger.
Lightsource bp currently operates three solar projects in Texas: the 260 MW Impact, 163 MW Elm Branch and 153 MW Briar Creek Solar.
The post Lightsource bp Completes $348M Financing Package for Texas Utility-Scale Projects appeared first on Solar Industry.
Lightsource bp Completes $348M Financing Package for Texas Projects
I just met a woman who’s been a flight attendant for Delta Airlines since the early 1990s, who laments that her company has been ruined by corporate greed, which has trashed so many other things in our lives.
As it turns out, the CEO makes more than $20 million per year, largely based on bonuses associated with cutting costs. “Now we have tray tables that don’t work and seatbacks that don’t recline, and nobody even thinks about fixing them.”
She went on, “This shift has been particularly obvious in the case of Delta, which, when I started with them, was known for its southern charm and the feeling of welcoming its passengers. Now, that gone. It’s like it never existed.”
Trump should fire Pete Hegseth?
Oh sure. If you’re Trump, Hegseth is the perfect leader of the Pentagon. He’s lawless, stupid, cruel, misogynistic, and racist. No one could possibly match Trump’s values with any greater precision.
We won’t know how much damage Trump has done to our county, its people, the world in general, until Trump leaves office.
That’s just one more good reason to make this happen soon.
https://www.2greenenergy.com/2026/07/21/numbers-associated-with-trumps-incompetence-are-kept-secret/
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