Power Technology on MSN8d
bp to divest 50% stake in Lightsource bp to strategic partner
The move is part of bp's broader strategy to address investor concerns, reduce costs and boost returns on investments.
Zacks Investment Research on MSN5d
BP Intends to Sell Half of Lightsource BP, Bids Due in June
BP plc BP, the UK-based energy major, is looking to sell a 50% stake in its solar unit, Lightsource BP, as part of a broader effort to cut costs, improve returns and address investor concerns. The ...
BP to boost oil and gas spending by $10B, slash renewable investment in major strategy shift
BP said it would increase annual oil and gas spending to $10 billion and cut planned annual investment in energy transition ...
Seeking Alpha9d
BP aims to sell 50% of Lightsource BP solar unit to partner - Reuters
BP (NYSE:BP) is seeking to sell 50% of its Lightsource BP solar unit to a strategic partner for cash and a commitment of future investments, with bids due in June, Reuters reported Thursday ...
BP seeks to sell 50% of solar unit to strategic partner, Reuters reports
BP (BP) is seeking to sell 50% of its solar unit Lightsource bp to a strategic partner for cash and a commitment of future investments, with ...
pv magazine International25d
BP slashes renewables investment, seeks new Lightsource BP partner
BP is slashing its investment in energy transition activities and seeking a new partner for Lightsource BP, the renewables developer fully owned by the oil and gas giant. The change in strategy ...