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BP to sell Houston-based onshore wind business
What BP's plan to sell its Houston-based wind energy division means for the region
BP, the British oil major, announced plans to sell its Houston-based U.S. onshore wind energy division, refocusing its local operations on its core oil and gas business and concentrating its renewable ambitions in Europe.
BP to sell Houston-based onshore wind business as oil production grows
Currently, BP Wind Energy operates 10 different sites across the U.S., all of which are operated remotely from a command center located in Houston, according to the company.
BP To Sell Its Onshore Wind Business
British oil and gas multinational BP Plc has announced plans to sell its onshore wind business in the U.S., saying the business is not aligned with its growth plans
BP to sell US onshore wind business, focus on Lightsource BP for renewables
London-based BP PLC (NYSE: BP) plans to sell its U.S. onshore wind business to focus more on solar energy, progressing BP’s gradual retreat from both onshore and offshore wind in the region. The sale process should be soon, BP said. Several media outlets estimate the business, called BP Wind Energy, could be worth least $2 billion.
What Does the Sale of BP’s Wind Energy Division Mean for Texas?
The oil major’s U.S. onshore wind energy business, based in Houston, is valued at about $2 billion and has interests in 10 wind farms across seven states.
6d
Apollo Inks $1 Billion Deal With BP for Stake in Gas Link
Apollo Global Management has struck a $1 billion deal with BP Plc to fund its stake in the Trans Adriatic natural gas ...
5d
BP To Divest Wind Unit In Effort To Enhance Competitiveness
British oil giant BP said Monday it plans to divest its suite of US onshore wind operations as part of its ongoing strategic realignment.
6d
BP Sells Stake In Gas Pipeline To Apollo, Raises $1B
BP p.l.c. (NYSE:BP) inked a deal under which Apollo Global Management, Inc. (NYSE:APO) managed funds will acquire a ...
The Times of Northwest Indiana
3d
BP sells Apollo a $1 billion stake in a pipeline subsidiary
BP, one of the Northwest Indiana lakeshore's major industrial employers, sold a $1 billion stake in a pipelines subsidiary to ...
IJR
4d
BP Dumping Key Green Energy Business
European energy company BP has announced plans to sell its U.S. onshore wind business as it aims to concentrate on ...
4d
BP's Pan American targets Asian customers for Argentine LNG
BP's Pan American Energy (BPPAE.UL) is looking to negotiate contracts with Asian consumers to allocate liquefied natural gas from a floating project in Argentina, Rodolfo Freyre, a company vice ...
3d
Far West Side gas station robbed as it closed, Madison police say
A Far West Side gas station was robbed as it closed early Thursday morning, Madison police reported. PART: NO RE-SALE, RE-USE ...
6d
BP sells $1bn stake in Southern Europe gas pipeline to Apollo Global Management
The pipeline is part of the Southern Gas Corridor pipeline system, a 3,500-kilometre network of infrastructure from the ...
WFRV Green Bay on MSN
3d
Wisconsin authorities investigating early-morning BP Gas Station robbery
Authorities in Wisconsin are investigating a gas station robbery that occurred shortly after midnight on Thursday. According ...
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