Lightsource BP raises £150 million to finance solar projects

Lightsource BP, a global renewable energy development firm, has raised £150 million in debt financing from Caisse de dépôt et placement du Québec (CDPQ), a long-term institutional investor. The funds will be utilised to finance a diversified portfolio of solar assets (comprising over 100 projects in various countries and totalling more than 700 MW) that are owned and managed by Lightsource BP. Over time, the company could expand its solar portfolio with further investment from CDPQ.

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