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.
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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Javier Blas is a Bloomberg Opinion columnist covering energy and commodities. He is coauthor of “The World for Sale: Money, ...