Lightsource bp has secured a $348 million financing package for two Texas solar projects, Starr (163MW) and Second Division (125MW). The construction, generating 400 jobs, is set for completion in 2024. The deal utilized the Inflation Reduction Act's provisions for investment tax credits. Notably, it's the first US renewable energy project finance transaction with transferability bridge and equity partner bridge loans. Lightsource bp has raised $4.6 billion since 2019, and key lenders include SocieteGenerale, ING, NatWest, Lloyds Bank, and Allied Irish Banks, fostering Texas energy security.