Lightsource BP acquires 100 MW of solar projects in Spain

Lightsource BP, the solar power company backed by BP Plc has acquired 100 MW of solar portfolio in Spain from local renewable energy firm Forestalia.

The acquired pipeline consists of two utility scale solar projects in late-stage development, located in Calamocha and Cuevas de Almuden, Teruel province. Reportedly, Lightsource BP and Forestalia, in a repeat partnership, will work together to advance the projects until they reach financial closure and start construction.

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