CDPQ’s Investment In Lightsource BP

Ashurst advised Caisse de dépôt et placement du Québec (‘CDPQ’), a long-term institutional investor, on a debt investment of £150 million, to finance a portfolio of solar assets owned and managed by Lightsource BP.

Lightsource BP is a global leader in the funding, development and long-term operation of solar projects.

The facility will initially be used to finance a diversified portfolio composed of over 100 solar projects located across various countries and totalling more than 700 MW. Over time, the facility could expand with further investment from CDPQ funding assets developed through the Lightsource BP pipeline.

The Ashurst team was led by partners Antony Skinner (Picture) and Derwin Jenkinson, assisted by associates Kavisha Bilimoria and Sinead Tulley.

Involved fees earner: Kavisha Bilimoria – Ashurst; Derwin Jenkinson – Ashurst; Antony Skinner – Ashurst; Sinead Tulley – Ashurst;

Law Firms: Ashurst;

Clients: Caisse de dépôt et placement du Québec (CDPQ);