BP energy shift: Oil giant to sell US onshore wind assets to LS Power, trims $5 bn from clean push
BP energy shift: Oil giant to sell US onshore wind assets to LS Power, trims $5 bn from clean push
BP is divesting its entire US onshore wind energy business to LS Power, signaling a significant shift away from renewables and a renewed focus on oil and gas. This decision follows BP's recent scaling back of emissions targets and clean energy investments, driven by investor pressure to improve financial performance.
BP is divesting its entire US onshore wind energy business to LS Power, signaling a significant shift away from renewables and a renewed focus on oil and gas. This decision follows BP's recent scaling back of emissions targets and clean energy investments, driven by investor pressure to improve financial performance.