Granted, but if moonlight level is all you want I can already illuminate my surroundings to that benchmark with the flashlight in my pocket. We don't need to park shit in space to accomplish that. And as a matter of fact, we already tried the "illuminate the entire town like the moon" model in the past as well. It turned out that even on a terrestrial scale it wasn't actually a great idea because, you know, people in the vicinity who want to maybe turn it off... can't. (Except in the latter case, maybe with the aid of a rifle.)

I am positive this is just an investor scam of some kind. If anyone is actually stupid enough to launch anything towards this end, it's a mathematical certainty that they will be murdered in the street by either an amateur astronomer or a chiropterologist. It'll be a toss-up who gets to him first.