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BP, Japan's JERA to merge offshore wind businesses
BP, Japan's JERA to merge offshore wind businesses; plan to spend up to $5.8B by 2030
BP (NYSE:BP) +3.9% pre-market Monday after unveiling plans to merge its offshore wind business with that of Japanese power utility JERA to create a combined standalone company, and invest as much as $5.
BP Forms $5.8B Offshore Wind Joint Venture With JERA
BP and JERA merge their offshore wind businesses to form JERA Nex BP, investing $5.8 billion by 2030 to become a major player in renewable energy.
bp and JERA joining forces to create top-tier global offshore wind joint venture
bp and JERA Co., Inc. have agreed to combine their offshore wind businesses to form a new standalone, equally-owned joint venture that will become one of the largest global offshore wind developers, owners and operators.
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Major investors in ReNew Energy Global propose a buyout, valuing the clean power firm at $2.82 billion. The move offers ...
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