Project Finance Brief: Lightsource bp Closes $327 Million Financing for a Solar Project

IFC loans €100 million to OCP for 202 MW solar projects in Morocco

April 19, 2023

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Lightsource bp, a solar project developer, closed a $327 million financing package and mobilized construction finance for the 313 MW Driver Solar project in Mississippi County, Arkansas. Upon completion, Driver Solar will be the largest solar project in Entergy Arkansas’ portfolio and the largest in Arkansas, generating enough energy to power more than 50,000 homes. HSBC Bank USA, BNP Paribas, Societe Generale, and Sumitomo Mitsui Banking Corporation provided the financing.

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