The companies did not disclose the amount of the transaction.
Lightsource BP said the deal will enable it to reinvest in the Italian market, with its 30 local staff advancing 1GW of mature solar project opportunities in Italy and a significant energy storage pipeline. He added that there is.
Following this transaction, EOS Investment Management Group will increase the capacity of assets under operation or construction under EOS ReNewable Infrastructure Fund II to more than 370MW, with a portfolio of projects totaling 600MW of capacity nearing permitting.
Lightsource BP recently sold other assets, including a 1GW solar portfolio in Australia, to Beijing Energy International Australia, a local subsidiary of Chinese clean energy company Beijing Energy, in December 2023.
The portfolio consists of five projects, three of which are currently in production. the Wellington and West Wyalong facilities in New South Wales and the Woolooga project in Queensland, with a total solar capacity of 521MW. His two remaining projects, the Wellington North facility and the Unfunu facility, are under construction and LightSource BP expects him to begin commercial operations in late 2024.
Prior to this, Lightsource BP’s parent company BP acquired the remaining 50.03% stake in Lightsource BP from the company’s founders, management and employees for a basic share value of £254 million (US$320.96 million). I agreed to do it.