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Lightsource BP sells five solar energy projects to Statkraft Ireland

Lightsource BP sells five solar energy projects to Statkraft Ireland

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LONDON: Solar energy developer Lightsource BP, a joint venture of BP PLC BP.L, said on Thursday it had sold five solar energy projects to Statkraft Ireland.

The projects have a combined capacity of 275 megawatts and are in the late stages of development. They are located in the counties of Meath, Laois, Tipperary and Cork in Ireland.

They have full planning permission and grid connectivity which will allow Statkraft Ireland to secure financing and begin construction, Lightsource BP said in a statement.

The financial details of the deal were not disclosed.

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