BP Cuts Offshore Wind Spending Plans in Tie-Up With Jera - BNN Bloomberg

Retrieved on: 2024-12-09 17:24:07

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BP Cuts Offshore Wind Spending Plans in Tie-Up With Jera - BNN Bloomberg. View article details on hiswai:

Summary

BP Plc and Jera Co. are merging offshore wind operations, reducing BP's capital commitments while addressing shareholder concerns over renewables' costs. This strategic move involves significant investments and aims to optimize capital markets and green energy investments globally.

Article found on: www.bnnbloomberg.ca

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