Lightsource BP Acquires Solar Portfolio in Spain
By Adria Calatayud
Lightsource BP, a solar business which is 50%-owned by energy
giant BP PLC, said Thursday that it has acquired a 1.06-gigawatt
portfolio of projects in Spain from RIC Energy for an undisclosed
Lightsource BP said it will work with RIC Energy to develop 14
sites, the first of which is expected to reach ready-to-build
status by the end of 2021.
"This is our largest European acquisition to date, adding 1GW to
Lightsource BP's current pipeline and further cementing our
presence in the Spanish energy market," Lightsource BP Chief
Executive of Europe and International Kareen Boutonnat said.
Write to Adria Calatayud at email@example.com
(END) Dow Jones Newswires
January 21, 2021 07:33 ET (12:33 GMT)
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