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FUTURE OF ENERGY

Lightsource bp selling Australian solar projects for A$813m

Lightsource bp will sell five utility-scale solar photovoltaic (PV) projects worth A$813 million to Beijing Energy International Australia (BJEI Australia). The proceeds from the sale will be used to accelerate development of other projects in Asia Pacific.

Yiying Li
Solar panels - credits to Lightsource bp

Solar panels - credits to Lightsource bp

This sale, which has an equity value of A$813m, amounts to a 1,037MWdc solar portfolio, with the Wellington, West Wyalong and Woolooga projects already in operation and the Wellington North and Wunghnu...

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