White & Case LLP has advised Lightsource and its founders on the launch of the ‘Lightsource BP’ solar power partnership with BP.
The US$200 million investment by BP signals the beginning of a new partnership with Lightsource, Europe’s largest solar operator, that will drive growth in large scale solar power. The transaction is a combination of the sale of shares by existing shareholders and subscription for shares in Lightsource.
Lightsource is a global market leader in the development, acquisition and long term management of large scale solar projects and smart energy solutions, with projects generating competitively-priced, dependable, clean energy for businesses and communities.
The White & Case team in London which advised on the transaction was led by partners Ian Bagshaw (Picture) and John Cunningham, and included partners Michael Wistow and Lindsey Canning, with support from associates Ben von Maur, Peter Jones, Helen Levendi, Irina Kozlova and Khurram Kayani.
Involved fees earner: Ian Bagshaw – White & Case; John Cunningham – White & Case; Ben von Maur – White & Case; Peter Jones – White & Case; Irina Kozlova – White & Case; Michael Wistow – White & Case; Lindsey Canning – White & Case; Helen Levendi – White & Case;
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