BP To Divest US Onshore Wind Business To LS Power Under $20B Asset Sale Strategy

BP p.l.c. Sponsored ADR -4.23%

BP p.l.c. Sponsored ADR

BP

33.76

-4.23%

  • Transaction includes US onshore wind energy business, comprising 10 operating wind assets with a total generating capacity of 1.3GW net 
  • Deal expected to conclude by end of the year and follows a competitive bidding process
  • Delivering on plan to further simplify and focus bp as part of the $20bn divestment programme announced in February.
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