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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 spins off offshore-wind business in joint venture with JERA, in pullback from renewables
BP has agreed to spin off its offshore-wind business into a newly formed joint venture with Japan’s top power producer JERA Co. in what will see a sharp reduction in the British oil company’s investments in renewable energy.
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.
3d
bp and JERA to form global offshore wind joint venture
bp and JERA have agreed to merge their offshore wind operations into a joint venture (JV), JERA Nex bp, with a 13GW potential ...
Crude Oil Prices
16h
European Energy Majors Shift Back to Oil and Gas
Despite growing pressure to transition to renewable energy, major oil and gas companies like Shell, Equinor, and BP are ...
devdiscourse
1d
ReNew's Private Buyout: A Bold Move in Renewable Energy Sector
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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