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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.
That balance between retail supply and wholesale generation will tip if the company closes the $12 billion LS Power asset acquisition announced in May. NRG will double its generation fleet and become ...
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BP has reversed its renewable energy ambitions to refocus on oil and gas production, appointing a new chair and selling off ...
BP shares climbed today after the company announced the sale of its US onshore wind business to infrastructure investor LS ...
British oil and gas company BP is pivoting back to fossil fuels and divesting its onshore wind energy business in the U.S. after its efforts to go g ...
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BP said green energy still has a ‘role to play’ in the slimmed-down group as it continues to offload parts of the business.
BP announced today that it has agreed to sell its US onshore wind business, BP Wind Energy North America Inc., to LS Power.