Lightsource bp completes $348m financing package for two solar projects in Texas

In California, Lightsource bp said it has successfully closed on a $348 million financing package, which will support the construction and operation of a 288-megawatt (MWdc) portfolio comprised of two utility-scale solar projects in Texas. The projects are the 163MW Starr Solar project located in Starr County and the 125MW Second Division Solar project located in Brazoria County. Construction of both solar farms is underway, creating a combined 400 jobs during construction, with both projects scheduled to come online in 2024, the  company said. Lightsource bp currently operates three solar projects in Texas: 260MW Impact, 163MW Elm Branch and 153MW Briar Creek Solar.

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