BP acquires remaining stake in Lightsource BP, consolidating its renewable energy position.

BP has acquired the remaining 50.03% stake in Lightsource BP, enhancing its position in the global renewable energy sector. With a development pipeline of 62GW across 19 markets, Lightsource BP will continue to operate independently. This acquisition supports BP's goals for low-carbon power, essential for initiatives like electric vehicle charging and green hydrogen production, while also enabling strategic partnerships.

October 24, 2024
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