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BlackRock and Lightsource BP acquire 57 MW in UK solar assets

BlackRock and Lightsource BP acquire 57 MW in UK solar assets

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LONDON: ** BlackRock Real Assets and Lightsource BP acquire 57 megawatts of solar assets across seven sites in the UK, Lightsource BP said in a statement on Wednesday. ** The acquisition was made through BlackRock-Lightsource BP’s 1 billion pound ($1.34 billion) Kingfisher partnership, which targets UK solar power farm investments. ** The deal bolsters Lightsource BP’s UK solar portfolio to 2 gigawatts. BlackRock Real Assets is invested in more than 40 UK solar projects, representing about 450 MW of capacity. ($1 = 0.7454 pounds)

Source: in.reuters
Anand Gupta Editor - EQ Int'l Media Network

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