Real Assets
BP’s new solar power venture has added another 57MW of generation capacity to its panel portfolio which can now power millions of UK homes. Lightsource BP made its latest multi-million pound acquisition through a £1bn partnership with BlackRock’s renewables investment fund which it set up last year to help snap up solar assets. To date, the pair have hoovered up a quarter of the solar power acquisitions that they plan to make and widened Lightsource BP’s UK portfolio to 2GW in capacity, or enough to power 2 million homes.