Global Infrastructure SherpaLightsource bp and Pinnacle Financial Partners close $97.9M tax equity deal for Peacock Solar
Lightsource bp and Pinnacle Financial Partners closed a $97.9 million tax equity deal to finance the 187 MW Peacock Solar project in San Patricio County, TX. This marks the second tax equity transaction between Lightsource bp and Pinnacle.
Counterparts (3)
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- Sizeable tax equity investment of $97.9 million.
- Supports a 187 MW solar project in Texas.
- Involves Lightsource bp, a major player in renewable energy development.
- Represents a repeat transaction between Lightsource bp and Pinnacle Financial Partners.
Source Intelligence
Lightsource bp has raised over $5 billion in third-party capital to support USA projects. Quote: To date, Lightsource bp has raised over $5 billion in third-party capital to support USA projects.
"Lightsource bp and Pinnacle Financial Partners announce $97.9M tax equity deal for Peacock Solar"
"Lightsource bp and Pinnacle Financial Partners announce $97.9M tax equity deal for Peacock Solar"
"Peacock Solar expected to generate over 360,000 MWh annually to partially power Gulf Coast Growth Ventures’ manufacturing complex."
"Gulf Coast Growth Ventures, a joint venture between ExxonMobil and the Saudi Basic Industries Corporation (SABIC)."
"Gulf Coast Growth Ventures, a joint venture between ExxonMobil and the Saudi Basic Industries Corporation (SABIC)."
Timeline
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