{"id":401499,"date":"2024-08-07T15:17:01","date_gmt":"2024-08-07T15:17:01","guid":{"rendered":"https:\/\/lightsourcebp.com\/?p=401499"},"modified":"2024-09-03T22:04:32","modified_gmt":"2024-09-03T22:04:32","slug":"jera-nex-expands-presence-in-us-with-395mw-solar-farms-acquisition-from-lightsource-bp-2","status":"publish","type":"post","link":"https:\/\/lightsourcebp.com\/us\/news\/jera-nex-expands-presence-in-us-with-395mw-solar-farms-acquisition-from-lightsource-bp-2\/","title":{"rendered":"JERA Nex expands presence in US with 395MW solar farms acquisition from Lightsource bp"},"content":{"rendered":"<section class=\"block-page-title bg-color-white\">\n  <div class=\"pt-60 pt-lg-100\"><\/div>\n\n  <div class=\"container\">\n    <div class=\"row\">\n      <div class=\"col-12\">\n                <h1 class=\"fg-color-gradient\">JERA Nex expands presence in US with 395MW solar farms acquisition from Lightsource bp<\/h1>\n      <\/div>\n    <\/div>\n  <\/div>\n\n  <div class=\"pt-60 pt-lg-100\"><\/div>\n<\/section>\n  \n\n\n<section class=\"banner-single position-relative\">\n  <div class=\"container-fluid\">\n    <div class=\"row\">\n      <div class=\"col-12 px-0\">\n                <div class=\"position-relative w-100 h-100 aspect-ratio-banner object-fit-cover\">\n          <picture>\n                    <source srcset=\"https:\/\/lightsourcebp.com\/app\/uploads\/2024\/08\/Oxbow_Aerials_0166_BannerCrop-450x159.jpg, https:\/\/lightsourcebp.com\/app\/uploads\/2024\/08\/Oxbow_Aerials_0166_BannerCrop-1000x354.jpg 2x\"\n                          media=\"(max-width: 575px)\">\n                    <source srcset=\"https:\/\/lightsourcebp.com\/app\/uploads\/2024\/08\/Oxbow_Aerials_0166_BannerCrop-1000x354.jpg, https:\/\/lightsourcebp.com\/app\/uploads\/2024\/08\/Oxbow_Aerials_0166_BannerCrop-1920x680.jpg 2x\"\n                          media=\"(min-width: 576px) and (max-width: 991px)\">\n                    <source srcset=\"https:\/\/lightsourcebp.com\/app\/uploads\/2024\/08\/Oxbow_Aerials_0166_BannerCrop.jpg, https:\/\/lightsourcebp.com\/app\/uploads\/2024\/08\/Oxbow_Aerials_0166_BannerCrop.jpg 2x\"\n                          media=\"(min-width: 992px)\">\n                    <img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/lightsourcebp.com\/app\/uploads\/2024\/08\/Oxbow_Aerials_0166_BannerCrop.jpg\" alt=\"\"\n                       srcset=\"https:\/\/lightsourcebp.com\/app\/uploads\/2024\/08\/Oxbow_Aerials_0166_BannerCrop.jpg 2x\"\n                       sizes=\"auto, 100vw\"\n                       class=\"position-absolute w-100 h-100 left-0 top-0 object-fit-cover\"\n                       width=\"1999\"\n                       height=\"708\">\n                <\/picture>\n        <\/div>\n              <\/div>\n    <\/div>\n  <\/div>\n<\/section>\n\n\n<section class=\"text align block_acf-block-66b384ff63e0a block bg-color-white position-relative z-1 overflow-hidden\">\n    <div class=\"pt-60 pt-lg-100\"><\/div>\n\n  \n  <div class=\"container \">\n    <div class=\"row\">\n      <div class=\"col-12\">\n        <span class=\"rich-text standard-text fg-color-navy\">\n          <ul>\n<li><em>JERA Nex, in partnership with JERA Americas, makes first foray into US solar with Arkansas and Louisiana assets.<\/em><\/li>\n<li><em>Development signals importance of onshore renewable assets in JERA Nex\u2019s growing portfolio and their role in reaching 20GW by 2035. <\/em><\/li>\n<\/ul>\n<p>JERA Nex, JERA\u2019s global renewable energy business, has acquired two US solar projects totaling 395MW AC from Lightsource bp, a global leader in the development and management of solar energy and energy storage projects.<\/p>\n<p>The transaction, which has received all regulatory approvals, is the first made by JERA Nex since its launch in April and brings the first US solar assets in its portfolio: the 300MW <a href=\"https:\/\/lightsourcebp.com\/us\/project\/oxbow-solar\/\" target=\"_blank\" rel=\"noopener\">Oxbow solar farm<\/a> in Louisiana, the largest in the state, and the 95MW <a href=\"https:\/\/lightsourcebp.com\/us\/project\/conway-solar\/\" target=\"_blank\" rel=\"noopener\">Happy solar farm<\/a> in Arkansas. Lightsource bp worked closely with local communities to develop both sites.<\/p>\n<p>Both projects are in commercial operation and delivering renewable energy to their customers: The Happy project has a long-term power purchase agreement (PPA) with Conway Corp, the city-owned utility system in Conway, Ark. Oxbow has long-term PPA agreements with corporate customers including eBay.<\/p>\n<p>\u201cWe are delighted to take our first step into the US solar market with the acquisition of these projects. This first transaction since our recent launch is an indication of our ambitious plans to scale onshore and offshore renewables for a sustainable future; we hope to build a broader onshore renewables portfolio in the US and globally,\u201d said Richard Scott, VP for Development and Construction Onshore at JERA Nex. \u201cLightsource bp has an excellent reputation for delivering high quality solar farms and that is exactly what we have acquired with Oxbow and Happy. We look forward to working with the local communities and customers to provide clean and sustainable energy in the years to come.\u201d<\/p>\n<p>As part of the agreement, Lightsource bp will continue to provide asset management and O&amp;M services to JERA Nex, ensuring continuity and a smooth transition for the local community and customers.<\/p>\n<p>\u201cIt was very important to Lightsource bp to find a reliable and like-minded partner for projects that are integral to the local community,\u201d said Emilie Wangerman, Chief Operating Officer of Lightsource bp US. \u201cWe are proud of the successful development of these solar farms and confident that they will continue to thrive under the stewardship of JERA Nex. Lightsource bp\u2019s involvement in their operations through asset management services will further enable a seamless experience for our important project partners.\u201d<\/p>\n<p>\u201cThe team at JERA Americas began working with Lightsource bp last year to help drive JERA\u2019s net zero ambition, and we are delighted to have brought this transaction to a successful conclusion,\u201d said John O\u2019Brien, Chief Operating Officer of JERA Americas, JERA Co.\u2019s Houston-based US subsidiary. \u201cWe will continue to work with JERA Nex and other partners to seek new renewable energy opportunities.\u201d<\/p>\n<p>&nbsp;<\/p>\n<h4>About JERA Nex<\/h4>\n<p>JERA Nex is a company created by JERA to scale renewable energy for a sustainable future. JERA Nex combines the resilience of JERA, one of the world\u2019s largest electricity producers, with the agility and focus of a dedicated renewables business that can act at the pace required to drive the global energy transition.<\/p>\n<p>JERA Nex invests in, currently owns and operates a global portfolio of renewable energy assets, with a portfolio over 3GW that includes offshore wind, onshore wind and solar, as well as battery storage. This includes Parkwind, its wholly owned subsidiary. Headquartered in London, and with centres of excellence in Belgium, Japan, Taiwan and the US, our team of more than 300 renewable and energy industry experts combines global knowhow and experience with the local expertise and knowledge necessary to deliver successful projects.<\/p>\n<p>Find out more at <a href=\"https:\/\/www.jeranex.com\">www.jeranex.com<\/a> and follow us on LinkedIn.<\/p>\n<p>&nbsp;<\/p>\n<h4>About Lightsource bp<\/h4>\n<p>Lightsource bp is a global leader in the development and management of solar energy and energy storage. For more than a decade, Lightsource bp has delivered affordable, safe and sustainable energy to businesses and communities around the world. Their team includes more than 1,200 industry experts, working in 19 global regions, providing full scope development for projects, from initial site selection, financing and permitting to long-term management of solar projects and energy sales to their customers.<\/p>\n<p>Lightsource bp in the U.S. is headquartered in San Francisco with development offices in Denver, Austin and Philadelphia. Since 2019, the team has brought into operation or initiated construction on more than 3.2 gigawatts of U.S solar projects across 11 states in America with capital costs of nearly $4 billion. Lightsource and bp first entered into partnership in 2017. Most recently, bp has announced the intention to fully acquire Lightsource bp, which currently operates as a 50\/50 joint venture with bp. For more information visit <a href=\"https:\/\/lightsourcebp.com\/us\">www.lightsourcebp.com\/us<\/a> .<\/p>\n\n        <\/span>\n      <\/div>\n    <\/div>\n  <\/div>\n\n  <div class=\"pt-60 pt-lg-100\"><\/div>\n<\/section>\n\n\n<section class=\"multi-column-cards align block_acf-block-66b16625bbf48 block bg-color-white\">\n  <div class=\"pt-60 pt-lg-100\"><\/div>\n\n  <div class=\"container\">\n    <div class=\"row\">\n      <div class=\"col-12\">\n                <h3 class=\"mb-35\">Recent news from Lightsource bp<\/h3>\n      <\/div>\n    <\/div>\n    <div class=\"row\">\n                        <div class=\"col-12 col-lg-4 mb-30\">\n  <div class=\"multi-column-cards__image-container h-300px h-lg-250px\">\n    <a href=\"https:\/\/lightsourcebp.com\/us\/news\/lightsource-bp-and-toyota-enter-into-a-power-contract-in-texas\/\" class=\"d-block w-100 h-100\">\n      <picture><source srcset=\"https:\/\/lightsourcebp.com\/app\/uploads\/2026\/01\/DJI_20250805160842_0097_D-1-1-scaled-aspect-ratio-315-195-1200x743.jpg 1200w, https:\/\/lightsourcebp.com\/app\/uploads\/2026\/01\/DJI_20250805160842_0097_D-1-1-scaled-aspect-ratio-315-195-300x186.jpg 300w, https:\/\/lightsourcebp.com\/app\/uploads\/2026\/01\/DJI_20250805160842_0097_D-1-1-scaled-aspect-ratio-315-195-1024x634.jpg 1024w, https:\/\/lightsourcebp.com\/app\/uploads\/2026\/01\/DJI_20250805160842_0097_D-1-1-scaled-aspect-ratio-315-195-80x50.jpg 80w, https:\/\/lightsourcebp.com\/app\/uploads\/2026\/01\/DJI_20250805160842_0097_D-1-1-scaled-aspect-ratio-315-195-150x93.jpg 150w, https:\/\/lightsourcebp.com\/app\/uploads\/2026\/01\/DJI_20250805160842_0097_D-1-1-scaled-aspect-ratio-315-195-450x279.jpg 450w, https:\/\/lightsourcebp.com\/app\/uploads\/2026\/01\/DJI_20250805160842_0097_D-1-1-scaled-aspect-ratio-315-195-767x475.jpg 767w, https:\/\/lightsourcebp.com\/app\/uploads\/2026\/01\/DJI_20250805160842_0097_D-1-1-scaled-aspect-ratio-315-195-1000x619.jpg 1000w, https:\/\/lightsourcebp.com\/app\/uploads\/2026\/01\/DJI_20250805160842_0097_D-1-1-scaled-aspect-ratio-315-195-1600x991.jpg 1600w, https:\/\/lightsourcebp.com\/app\/uploads\/2026\/01\/DJI_20250805160842_0097_D-1-1-scaled-aspect-ratio-315-195-1920x1189.jpg 1920w, https:\/\/lightsourcebp.com\/app\/uploads\/2026\/01\/DJI_20250805160842_0097_D-1-1-scaled-aspect-ratio-315-195.jpg 1940w\" sizes=\"\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/lightsourcebp.com\/app\/uploads\/2026\/01\/DJI_20250805160842_0097_D-1-1-scaled-aspect-ratio-315-195-1200x743.jpg\" alt=\"\" width=\"1200\" height=\"743\" class=\"w-100 h-100 object-fit-cover\"><\/picture>\n    <\/a>\n  <\/div>\n      <p class=\"mt-20 mb-10 font-size-paragraph-small\">13 Jan, 2026<\/p>\n    <a class=\"text-decoration-none text-decoration-sm-underline-hover\" href=\"https:\/\/lightsourcebp.com\/us\/news\/lightsource-bp-and-toyota-enter-into-a-power-contract-in-texas\/\">\n    <h5 class=\"mb-15 fg-color-navy\">Lightsource bp and Toyota enter into a power contract in Texas<\/h5>\n  <\/a>\n      <p class=\"mb-15 line-height-level-6\">Lightsource bp and Toyota Motor North America have finalized a virtual power purchase agreement for energy from the 231MW Jones City 2 solar farm in Texas.<\/p>\n    <p><a href=\"https:\/\/lightsourcebp.com\/us\/news\/lightsource-bp-and-toyota-enter-into-a-power-contract-in-texas\/\">Read Story <span class=\"ml-10\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"8\" height=\"14\" fill=\"none\"><path stroke=\"currentColor\" stroke-linecap=\"round\" stroke-linejoin=\"round\" stroke-width=\"2\" d=\"M1 13l6-6-6-6\"\/><\/svg><\/span><\/a><\/p>\n<\/div>\n                  <div class=\"col-12 col-lg-4 mb-30\">\n  <div class=\"multi-column-cards__image-container h-300px h-lg-250px\">\n    <a href=\"https:\/\/lightsourcebp.com\/us\/news\/lightsource-bp-and-pinnacle-financial-partners-announce-97-9m-tax-equity-deal-for-peacock-solar\/\" class=\"d-block w-100 h-100\">\n      <picture><source srcset=\"https:\/\/lightsourcebp.com\/app\/uploads\/2025\/10\/BPVC1093-Construction-Underway-At-Peacock-Solar-Farm-Texas_edit_m330646-1-aspect-ratio-315-195.png 703w, https:\/\/lightsourcebp.com\/app\/uploads\/2025\/10\/BPVC1093-Construction-Underway-At-Peacock-Solar-Farm-Texas_edit_m330646-1-aspect-ratio-315-195-300x186.png 300w, https:\/\/lightsourcebp.com\/app\/uploads\/2025\/10\/BPVC1093-Construction-Underway-At-Peacock-Solar-Farm-Texas_edit_m330646-1-aspect-ratio-315-195-80x50.png 80w, https:\/\/lightsourcebp.com\/app\/uploads\/2025\/10\/BPVC1093-Construction-Underway-At-Peacock-Solar-Farm-Texas_edit_m330646-1-aspect-ratio-315-195-150x93.png 150w, https:\/\/lightsourcebp.com\/app\/uploads\/2025\/10\/BPVC1093-Construction-Underway-At-Peacock-Solar-Farm-Texas_edit_m330646-1-aspect-ratio-315-195-450x279.png 450w\" sizes=\"\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/lightsourcebp.com\/app\/uploads\/2025\/10\/BPVC1093-Construction-Underway-At-Peacock-Solar-Farm-Texas_edit_m330646-1-aspect-ratio-315-195.png\" alt=\"\" width=\"703\" height=\"436\" class=\"w-100 h-100 object-fit-cover\"><\/picture>\n    <\/a>\n  <\/div>\n      <p class=\"mt-20 mb-10 font-size-paragraph-small\">14 Oct, 2025<\/p>\n    <a class=\"text-decoration-none text-decoration-sm-underline-hover\" href=\"https:\/\/lightsourcebp.com\/us\/news\/lightsource-bp-and-pinnacle-financial-partners-announce-97-9m-tax-equity-deal-for-peacock-solar\/\">\n    <h5 class=\"mb-15 fg-color-navy\">Lightsource bp and Pinnacle Financial Partners announce $97.9M tax equity deal for Peacock Solar<\/h5>\n  <\/a>\n      <p class=\"mb-15 line-height-level-6\">\u00a0Lightsource bp and Pinnacle Financial Partners today announced the closing of a $97.9 million tax equity deal to finance the 187 MW Peacock Solar in San Patricio County, TX.<\/p>\n    <p><a href=\"https:\/\/lightsourcebp.com\/us\/news\/lightsource-bp-and-pinnacle-financial-partners-announce-97-9m-tax-equity-deal-for-peacock-solar\/\">Read Story <span class=\"ml-10\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"8\" height=\"14\" fill=\"none\"><path stroke=\"currentColor\" stroke-linecap=\"round\" stroke-linejoin=\"round\" stroke-width=\"2\" d=\"M1 13l6-6-6-6\"\/><\/svg><\/span><\/a><\/p>\n<\/div>\n                  <div class=\"col-12 col-lg-4 mb-30\">\n  <div class=\"multi-column-cards__image-container h-300px h-lg-250px\">\n    <a href=\"https:\/\/lightsourcebp.com\/us\/news\/lightsource-bp-wins-two-north-american-agrivoltaics-awards\/\" class=\"d-block w-100 h-100\">\n      <picture><source srcset=\"https:\/\/lightsourcebp.com\/app\/uploads\/2025\/10\/Image-19-aspect-ratio-315-195-1200x743.jpg 1200w, https:\/\/lightsourcebp.com\/app\/uploads\/2025\/10\/Image-19-aspect-ratio-315-195-300x186.jpg 300w, https:\/\/lightsourcebp.com\/app\/uploads\/2025\/10\/Image-19-aspect-ratio-315-195-1024x634.jpg 1024w, https:\/\/lightsourcebp.com\/app\/uploads\/2025\/10\/Image-19-aspect-ratio-315-195-80x50.jpg 80w, https:\/\/lightsourcebp.com\/app\/uploads\/2025\/10\/Image-19-aspect-ratio-315-195-150x93.jpg 150w, https:\/\/lightsourcebp.com\/app\/uploads\/2025\/10\/Image-19-aspect-ratio-315-195-450x278.jpg 450w, https:\/\/lightsourcebp.com\/app\/uploads\/2025\/10\/Image-19-aspect-ratio-315-195-767x475.jpg 767w, https:\/\/lightsourcebp.com\/app\/uploads\/2025\/10\/Image-19-aspect-ratio-315-195-1000x619.jpg 1000w, https:\/\/lightsourcebp.com\/app\/uploads\/2025\/10\/Image-19-aspect-ratio-315-195-1600x990.jpg 1600w, https:\/\/lightsourcebp.com\/app\/uploads\/2025\/10\/Image-19-aspect-ratio-315-195.jpg 1920w\" sizes=\"\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/lightsourcebp.com\/app\/uploads\/2025\/10\/Image-19-aspect-ratio-315-195-1200x743.jpg\" alt=\"\" width=\"1200\" height=\"743\" class=\"w-100 h-100 object-fit-cover\"><\/picture>\n    <\/a>\n  <\/div>\n      <p class=\"mt-20 mb-10 font-size-paragraph-small\">15 Aug, 2025<\/p>\n    <a class=\"text-decoration-none text-decoration-sm-underline-hover\" href=\"https:\/\/lightsourcebp.com\/us\/news\/lightsource-bp-wins-two-north-american-agrivoltaics-awards\/\">\n    <h5 class=\"mb-15 fg-color-navy\">Lightsource bp wins two North American Agrivoltaics Awards<\/h5>\n  <\/a>\n      <p class=\"mb-15 line-height-level-6\">Lightsource bp proudly announces receipt of two North American Agrivoltaics Awards: Solar Ranch of the Year and Champion of the Year.<\/p>\n    <p><a href=\"https:\/\/lightsourcebp.com\/us\/news\/lightsource-bp-wins-two-north-american-agrivoltaics-awards\/\">Read Story <span class=\"ml-10\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"8\" height=\"14\" fill=\"none\"><path stroke=\"currentColor\" stroke-linecap=\"round\" stroke-linejoin=\"round\" stroke-width=\"2\" d=\"M1 13l6-6-6-6\"\/><\/svg><\/span><\/a><\/p>\n<\/div>\n                  <\/div>\n  <\/div>\n\n  <div class=\"pt-60 pt-lg-100\"><\/div>\n<\/section>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":61,"featured_media":401315,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[92],"tags":[],"filter_by":[],"filter_tags":[],"class_list":["post-401499","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized-us"],"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/lightsourcebp.com\/us\/wp-json\/wp\/v2\/posts\/401499","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lightsourcebp.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lightsourcebp.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lightsourcebp.com\/us\/wp-json\/wp\/v2\/users\/61"}],"replies":[{"embeddable":true,"href":"https:\/\/lightsourcebp.com\/us\/wp-json\/wp\/v2\/comments?post=401499"}],"version-history":[{"count":1,"href":"https:\/\/lightsourcebp.com\/us\/wp-json\/wp\/v2\/posts\/401499\/revisions"}],"predecessor-version":[{"id":401501,"href":"https:\/\/lightsourcebp.com\/us\/wp-json\/wp\/v2\/posts\/401499\/revisions\/401501"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/lightsourcebp.com\/us\/wp-json\/wp\/v2\/media\/401315"}],"wp:attachment":[{"href":"https:\/\/lightsourcebp.com\/us\/wp-json\/wp\/v2\/media?parent=401499"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lightsourcebp.com\/us\/wp-json\/wp\/v2\/categories?post=401499"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lightsourcebp.com\/us\/wp-json\/wp\/v2\/tags?post=401499"},{"taxonomy":"filter_by","embeddable":true,"href":"https:\/\/lightsourcebp.com\/us\/wp-json\/wp\/v2\/filter_by?post=401499"},{"taxonomy":"filter_tags","embeddable":true,"href":"https:\/\/lightsourcebp.com\/us\/wp-json\/wp\/v2\/filter_tags?post=401499"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}