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Lightsource BP Closes First Tax Equity Deal With Wells Fargo For 481 Megawatt Solar Portfolio; $267M Financing Leverages Production Tax Credit Structure Made Available For Solar In The Inflation Reduction Act Of 2022

$267 million financing leverages Production Tax Credit (PTC) structure made available for solar in the Inflation Reduction Act of 2022 Lightsource bp has successfully closed on a $267 million tax equity

WFC

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Investor Optimism Improves Further After US Stocks Notch Weekly Gains

The CNN Money Fear and Greed index showed further improvement in the overall sentiment among US investors. US stocks closed higher on Friday following the release of earnings from big banks. The S&P and Nasdaq both recorded their second straight positive week, with the tech-laden Nasdaq climbing around 4.8% during the week.

BAC