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GlobalData on MSNLS Power to acquire BP’s onshore wind business in USThe acquisition will strengthen LS Power’s renewable energy portfolio by adding 1,300MW net ownership of operating onshore ...
BP's latest U.S. wind sale is part of its plan to sell much of its solar and offshore wind businesses too as it scales back on green energy.
BP Plc agreed to sell its US onshore wind business to LS Power, as the company continues efforts to pivot back toward its core oil and gas business and reverse years of share underperformance.
A leading developer of North American power and energy infrastructure projects said it has an agreement to acquire several ...
BP to sell entire US onshore wind portfolio to LS Power as part of $20B divestment plan. LS Power plans to integrate projects ...
BP announced today that it has agreed to sell its US onshore wind business, BP Wind Energy North America Inc., to LS Power.
BP has agreed to sell its entire US onshore wind energy business, BP Wind Energy North America Inc., to LS Power in a transaction expected to close by year-end, pending regulatory approval.
At the deal's closing, bp Wind Energy will be owned and operated as part of LS Power portfolio company Clearlight Energy, which focuses on renewable power generation in the US and Canada.
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 ...
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 ...
But BP’s loss is LS Power’s gain. The New York renewable energy developer touted the addition of the wind farms to its 21-gigawatt portfolio of power on Friday as a major coup for the company.
LS Power said the deal comprises about 1,700 MW of operating onshore wind power generation capacity from 10 projects. LS Power, headquartered in New York, said the assets will be added to the ...
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