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Co Down entrepreneur sells solar power business in multi-million-pound deal

Summary by Ground News
Nick Boyle co-founded renewable energy giant Lightsource in 2010. He will be staying on as chief executive of the company which has grown to be one of Europe's biggest solar groups. Mr Boyle will retain around 30% shareholding in Lightsource. Co-founder Paul McCartie will retain about 12% meaning the two will be profiting �151 million and �59.9 million respectively from the deal.
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Belfast TelegraphBelfast Telegraph

Co Down entrepreneur sells solar power business in multi-million-pound deal

A solar energy company founded by a Co Down man will be fully acquired by oil giant BP in a £254 million deal.

·Belfast, United Kingdom
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Belfast Telegraph broke the news in Belfast, United Kingdom on Friday, December 1, 2023.
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