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Bp Plc

Climate love

BP to buy remaining 50% in solar JV Lightsource BP.

BP (BP.L) has agreed to take full ownership of Lightsource BP, buying the remaining 50% stake in its solar power joint venture as part of the British oil giant's drive to build up its renewable energy capacity.
Under the agreement, BP will acquire the remaining 50.03% stake in Lightsource BP from the company's founders, management, and staff at a base equity value of 254 million pounds ($322 million).




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  • Arlo Finn

    16 w

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    • Saustine Lusanzu

      16 w

      Bold move by BP

      • winnie nguru

        19 w

        BP has really been doing a good job on matters renewable energy

        4
        • We Don't Have Time

          19 w

          Dear Gorffly mokua Your climate love has received over 50 agrees! We have reached out to Bp Plc by email and requested a response. I will keep you updated on any progress! To reach more people and increase the chance of a response, click the Share button above to share the review on your social accounts. For every new member that joins We Don't Have Time from your network, we will plant a tree and attribute it to you! /Adam, We Don't Have Time

          2
          • Elizabeth Gathigia

            20 w

            This is great, and hopefully it will invest more in clean energy and phase out fossil fuel

            4
          • walter lungayi

            20 w

            This acquisition by BP is a strategic move to further expand its presence in the renewable energy sector. By buying the remaining 50% stake in Lightsource BP, BP is strengthening its position in the solar energy market. This shows BP's commitment towards transitioning to cleaner and more sustainable energy sources.

            5
            • Peter Kamau

              20 w

              BP taking full ownership of the renewable energy company speaks volumes of its enhanced commitment in seeking to transition from harmful fuels to cleaner safer ones

              9
              • Abraham Jok Atem

                20 w

                BP investment in renewable energy is remedy to climate crisis

                9
                • zelda ninga

                  20 w

                  This is very impressive for BP to invest in renewable energy...baby steps.

                  2
                  • Jane Wangui

                    17 w

                    @zelda_ninga_442 we must transition at all cost.

                    2
                  Welcome, let's solve the climate crisis together
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