Lightsource bp has successfully closed on a $327 million financing package and mobilized construction on the 313 megawatt Driver Solar project located near Osceola in Mississippi County, Arkansas. Lightsource bp completed development, permitted and financed the project and will construct the facility under a build-transfer agreement with Entergy Arkansas announced last year. Upon completion, at 313 MW Driver Solar will be the largest solar farm in Entergy Arkansas’ portfolio as well as the largest in the state of Arkansas, generating enough energy to power more than 50,000 homes.
Laura Landreaux, president and CEO of Entergy Arkansas, said Driver Solar is the result of hard work and a strong partnership between Lightsource bp and Entergy Arkansas.
“One of our key commitments to customers is to help them find economic solutions to meet their sustainability goals,” she said. “Driver Solar plays a big role in providing savings to all customers and supporting businesses like U. S. Steel as they continue to advance their own clean energy future. These partnerships are helping to drive incredible growth in our state and will benefit our communities for decades to come.”
(Source: Lightsource bp)