BP will divest 10 U.S. wind farms as part of its $20 billion asset optimization plan. The sale comes amid falling oil prices and a renewed focus on efficient low-carbon investments. See the trading ...
BP will sell its U.S. onshore wind business to New York-based LS Power, as the Big Oil giant continues to divest from much of its renewable energy assets amid financial challenges. The anticipated ...
(Reuters) -BP has agreed to sell its U.S. onshore wind business to U.S.-based LS Power, as part of its ongoing divestment strategy, the energy major said on Friday, without disclosing a deal value. bp ...
BP entered the offshore wind market on Thursday with a $1.1 billion deal to buy 50% stakes in two U.S. developments from Norway's Equinor , a significant step by the oil firm towards its energy ...
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BP sells onshore wind farm business in US
BP is to offload its onshore wind business in the US after agreeing a deal with a New York-based energy infrastructure firm. The FTSE 100 oil company said LS Power would buy the business, called BP ...
Trading around $34 per share, BP’s leading performance appears appealing, but the underlying narrative is more complex.
A leading developer of North American power and energy infrastructure projects said it has an agreement to acquire several U.S. onshore wind farms from a UK-based energy group. LS Power and bp Wind ...
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BP Pushes Oil Demand Peak to Mid-2030s
A year ago, BP predicted that oil demand growth could peak before 2030. In that, the company was in tune with the IEA and a ...
BP has agreed to sell its U.S. onshore wind business to U.S.-based LS Power as part of its ongoing divestment strategy, the energy major said on Friday, without disclosing a deal value. bp Wind Energy ...
BP plc (NYSE:BP) announced Friday that it will sell its entire U.S. onshore wind energy portfolio to LS Power, a New York-based energy infrastructure firm. This move is part of a broader strategy to ...
BP plc BP, a British oil and gas giant, has entered into an agreement to divest its U.S. onshore wind business to LS Power, a U.S.-based energy firm. This move is part of BP’s “strategic reset”, ...
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