Lightsource bp, a global leader in the development and management of solar energy projects, has closed on a tax equity investment for the 300MW Bighorn Solar facility.
Located in Pueblo, Colorado, the project is currently under construction and will generate power for the local steel mill upon commercial operation in late 2021.
CohnReznick Capital acted as advisor to Lightsource bp on the transaction, managing the tax equity process.
For the full press release, please click here.
Britta von Oesen, Managing Director at CohnReznick Capital, said, “Executing a tax equity transaction of this caliber in a challenging market is a testament to the Lightsource bp team and the quality of the Bighorn project. It’s a pleasure to support Lightsource bp on their continued North American expansion.”
For additional details on this transaction, please contact:
Britta von Oesen
About Lightsource bp
Lightsource bp is a global leader in the development and management of solar energy projects. They are a 50:50 joint venture with bp plc, working together to help drive the world’s transition to low carbon energy through competitively priced and sustainable electricity. With solar set to increase tenfold in the next 20 years, Lightsource bp is well-positioned to capitalize on this growth and enact real change on the global energy landscape through responsible solar projects.
The team is comprised of 500 industry specialists, active across 13 countries – providing a full-service to their customers from initial site selection and permitting through to long-term management of projects. Lightsource bp in the US is headquartered in San Francisco with development offices in Denver, Philadelphia, Atlanta and Houston. Since the company announced its strategic expansion into North America in late 2017, the team has developed a pipeline of more than 7 gigawatts of large-scale solar projects at various stages of development across the United States with more than 1,000 megawatts of contracted assets. For more information visit lightsourcebp.com, follow us on Twitter @lightsourceBP and Instagram @lightsourcebp or view our LinkedIn page. For media inquiries, please contact Mary Grikas at firstname.lastname@example.org.