Lightsource BP

London, United Kingdom Founded: 2010 • Age: 16 yrs Acquired By BP Ventures
Solar energy projects are developed and operated by Lightsource BP.
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About Lightsource BP

Lightsource BP is a company based in London (United Kingdom) founded in 2010 by Nick Boyle and Vicente Lopez-Ibor Mayor was acquired by BP Ventures in November 2023.. Lightsource BP has raised $417.9 million across 16 funding rounds from investors including Intesa Sanpaolo, ING and bp. Lightsource BP has completed 1 acquisition, including Ubiworx. Lightsource BP offers products and services including Solar Development Services, Power Purchase Agreements, and Asset Services. Lightsource BP operates in a competitive market with competitors including Enel X, Dominion Energy, Fourth Partner Energy, Mainstream Renewable Power and Freyr Energy, among others.

  • Headquarter London, United Kingdom
  • Founders Nick Boyle, Vicente Lopez-Ibor Mayor
  • Sectors
    Energy & Utilities
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Lightsource Bp Renewable Energy Investments Limited
  • Date of Incorporation 17 Mar, 2015
  • Jurisdiction LONDON, UNITED KINGDOM
Operational Areas
Energy & Utilities → Renewable & Clean Energy
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $417.9 M (USD)

    in 16 rounds

  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Investments & Acquisitions
  • Acquired by
    BP Ventures

    (Nov 30, 2023)

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Products & Services of Lightsource BP

Lightsource BP offers a comprehensive portfolio of products and services, including Solar Development Services, Power Purchase Agreements, and Asset Services. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Services for developing and operating solar farms globally

Agreements for supplying renewable power to partners

Management of renewable energy assets and operations

People of Lightsource BP
Headcount 500-1000
Employee Profiles 97
Employee Profiles
People
Yuchao Chen
Vice President, Structured Finance M&a
People
Obi Ekwegh
Digital Workplace & Sharepoint Engineer
People
Paige Smith
Senior Manager, Business Development
People
Casper Cuppen
Senior Business Development Manager

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Funding Insights of Lightsource BP

Lightsource BP has successfully raised a total of $417.9M across 16 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 16
  • Last Round
  • First Round

    (04 Nov 2015)

  • Investors Count 18
Date Amount Transaction Name Valuation Lead Investors Investors
Feb, 2024 Amount Debt – Conventional - Lightsource BP Valuation

investors

Sep, 2021 Amount Debt – Conventional - Lightsource BP Valuation

investors

Jun, 2021 Amount Debt – Conventional - Lightsource BP Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Lightsource BP

Lightsource BP has secured backing from 18 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Intesa Sanpaolo, ING and bp. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Investment strategies are provided across diverse asset classes and markets.
Founded Year Domain Location
Diversified asset management firm and private fund focused on debt and equity investments in climate startups, real estate, and multiple sectors
Founded Year Domain Location
Private equity fund focused on investments in real estate and infrastructure sectors
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Lightsource BP

Lightsource BP has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Ubiworx. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Provides IOT Software Framework to bridge hardware modules with smartphone applications like analytics
2007
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Lightsource BP

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Lightsource Bp Comparisons

Employees
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Competitors of Lightsource BP

Lightsource BP operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Enel X, Dominion Energy, Fourth Partner Energy, Mainstream Renewable Power and Freyr Energy, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Utility-scale renewable energy projects are developed by Enel X.
domain founded_year HQ Location
Energy production and transportation are conducted by Dominion Energy.
domain founded_year HQ Location
On-grid and off-grid solar solutions and products are provided.
domain founded_year HQ Location
Wind and solar energy plants are developed by the company.
domain founded_year HQ Location
Solar energy projects are developed for residential and commercial applications.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Lightsource Bp

Frequently Asked Questions about Lightsource BP

When was Lightsource BP founded?

Lightsource BP was founded in 2010 and raised its 1st funding round 5 years after it was founded.

Where is Lightsource BP located?

Lightsource BP is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.

Is Lightsource BP a funded company?

Lightsource BP is a funded company, having raised a total of $417.9M across 16 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $255M, raised on Nov 04, 2015.

What does Lightsource BP do?

Lightsource BP, established in 2010 and currently in Acquired stage, focuses on working in the energy sector, developing solar energy systems, project development services, project developers, distributed, and diversified. Developer of solar energy projects. Adapting to market demands with innovation and client-focused strategies.

Who are the top competitors of Lightsource BP?

Lightsource BP's top competitors include Enel X, Dominion Energy and Fourth Partner Energy.

What products or services does Lightsource BP offer?

Lightsource BP offers Solar Development Services, Power Purchase Agreements, and Asset Services.

How many acquisitions has Lightsource BP made?

Lightsource BP has made 1 acquisition, including Ubiworx.

Who are Lightsource BP's investors?

Lightsource BP has 18 investors. Key investors include Intesa Sanpaolo, ING, bp, Eurobank, and Westpac.

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