Bank Of America: Investors & Developers
Vance Lindsey, Commercial Project Manger, BP Solar
"We needed an experienced solar partner.
Vance was backed by almost 40 years of proven performance."
C. Scott Stevenson, Managing Director, Renewable Energy Finance, Bank of America Merrill Lynch
Bank of America Merrill Lynch partnered with BP Solar for the design, construction, and operation of four commercial sites in California. As the investor and system owner, Bank of America Merrill Lynch needed reliable project delivery and a system that would retain its value over the long run. BP Solar was able to meet those requirements. With nearly 40 years of industry-leading experience and a strong corporate backing, BP Solar was the bankable choice.
BP Solar is owned by BP, which recently celebrated over 100 years in business and was ranked in the top 5 of Fortune’s global 500 world’s largest corporations.* We have also been awarded an “A” credit rating by Standard & Poor’s and have a cumulative installed capacity of over 1.2GW, including 107MW of turnkey projects under long-term maintenance contracts.
BP Solar partners with investors and local developers to deliver commercial and utility scale projects globally. For investors, our projects provide a secure and attractive return on investment. For local solar developers, BP Solar offers its Associate Developer Program (ADP), a unique co-development program designed to combine BP Solar’s financial strength and development expertise with the local know-how of experienced developers. Developers are able to partner with one of the world’s largest companies, thus gaining significant project viability and creating greater certainty for further development of their projects.
40 years of industry-leading experience
Almost 40 years ago, we were the first company to transfer solar PV technology from space to commercial use on earth. To date, over 12 million BP Solar panels have been sold in 160 countries with a cumulative installed capacity of over 1.5GW.
Corporate backing
BP has invested billions of dollars into technological research and development, including pioneering ground-breaking innovations in the photovoltaic sector.
Associate Developer Program (ADP)
The BP Solar Associate Developer Program (ADP) leverages the local reputation, relationships and expertise of small to medium sized developers.
