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BP plc (NYSE:BP) announced Friday that it will sell its entire U.S. onshore wind energy portfolio to LS Power, a New ...
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 ...
BP has reversed its renewable energy ambitions to refocus on oil and gas production, appointing a new chair and selling off ...
BP announced today that it has agreed to sell its US onshore wind business, BP Wind Energy North America Inc., to LS Power.
This move aligns with BP’s broader “reset” strategy, outlined in 2020, to divest non-core assets and concentrate on integrated energy hubs and high-margin markets.
BP agrees to sell its U.S. wind business to LS Power after a competitive bid, targeting $3-$4 billion in 2025 divestments.
BP plc BP has entered into an agreement to divest its mobility and convenience, as well as bp pulse, businesses in the Netherlands to Catom. The divestment, expected to be completed by 2025-end, is ...
The company intends to offload the business for an undisclosed sum to LS Power as part of plan to shed US$20 billion in assets.
While the stock has not outperformed its peers over the past five years, the company has become a potential takeover target for larger firms. Even if a takeover doesn’t happen, the activist investor ...
BP is selling its onshore wind business in the latest stage of its reverse away from renewable energy. The UK-based oil supermajor agreed a deal that will see LS Power acquire its 1.3 gigawatts of ...
Hoping for the BP share price to reach £5? This could be possible, according to analysts, but several things need to happen first. The post Can the BP share price reach £5? Here’s what needs to happen ...