BP moves offshore wind to joint venture

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.
Japan's Jera, British oil giant BP to merge offshore wind operations
Japanese energy company Jera Co. and British oil major BP plc said Monday they will merge their offshore wind operations at an equall
BP spins out offshore wind business into joint venture with Japan power company
London-based BP PLC (NYSE: BP), which has its U.S. headquarters in Houston, is spinning out its offshore wind business into an equally owned joint venture with Jera Co. Inc., Japan’s largest power company, after a breakdown of BP’s previous offshore wind joint venture.
BP, JERA to Consolidate Offshore Wind Assets under New JV
BP and JERA agreed to combine their global offshore wind portfolios, committing up to $5.8 billion in capital by 2030.
BP Cuts Offshore Wind Spending Plans in Tie-Up With Jera
BP Plc and Jera Co., Japan’s biggest power producer, will merge their offshore wind businesses and invest as much as $5.8 billion in the joint venture before the end of the decade, according to a statement released on Monday.
Japan's Jera, oil giant BP to merge offshore wind operations
Japanese energy company Jera Co. and British oil major BP plc said Monday they will merge their offshore wind operations at an equally owned joint venture to be set up around September 2025 in London,
BP moves offshore wind business into joint venture with Japan’s Jera
BP will move all of its offshore wind business into a 50/50 joint venture with Jera, Japan’s largest power generation company, as it switches back from investing heavily in renewable energy to refocus on its core oil and gas business.
BP, Japan’s JERA to Create Offshore Wind JV
BP will merge its offshore wind-energy business with that of Japanese power-utility JERA to create a standalone company, in line with the British company’s strategy to focus on its more profitable oil-and-gas operations.
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.
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BP and Jera to Invest Up to $5.8 Billion in Offshore Wind
BP Plc and Jera Co., Japan’s biggest power producer, will merge their offshore wind businesses and invest as much as $5.8 billion in the joint venture before the end of the decade, according to a ...
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Javier Blas is a Bloomberg Opinion columnist covering energy and commodities. He is coauthor of “The World for Sale: Money, ...