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Lightsource bp, a global onshore renewable and energy storage developer, has reached financial close on the 171 MW (DC) Glorit solar farm in New Zealand with Contact. Its partner, Contact, is based in New Zealand and operates in the local electricity market. The project is being developed through a 50:50 joint venture between both companies. It secured NZD 285 million (~ $ 161.11million) in non-recourse financing from five lenders. INTEC Energy Solutions and COMPLANT will deliver the EPC work. The solar farm is expected to begin operations in the second half of 2028.
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