Lightsource BP has announced the acquisition of several solar energy projects in Brazil.
The purchase, for an as-yet undisclosed amount from Latin American renewables developer Enerlife, consists of a total of 1.9GW in greenfield projects at various stages of development, across Brazil, from those at land permit stage to advanced stages with grid connections in place.
Some senior team members from Enerlife, including CEO Miguel Lobo, will transition to the new management team for the portfolio.
Kareen Boutonnat, Group Chief Operating Officer for Lightsource BP said: “This move creates a very firm footprint for us across the region and bringing the Enerlife team onboard significantly enhances our local capability and experience. These are the building blocks of which we will grow a very successful solar business across Brazil.”