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flag BP and JERA launch a joint venture, JERA Nex bp, targeting 13 GW offshore wind power capacity.

flag BP and Japan's JERA have formed a 50/50 joint venture called JERA Nex bp, focusing on offshore wind power. flag The venture's portfolio has a total capacity of 13 GW, with 1 GW already installed, 7.5 GW under development, and 4.5 GW from secured leases. flag Headquartered in London, the new company aims to optimize and decarbonize BP's portfolio and create long-term value through global wind projects.

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