BP sells US onshore wind business to LS Power
Investing.comFriday, July 18, 2025 at 7:35:48 AM
BP is offloading its U.S. onshore wind energy business to LS Power, a private equity firm specializing in energy infrastructure. The deal signals BP’s continued shift away from renewables to focus more on oil and gas, while LS Power gains a foothold in wind energy. No financial details were disclosed, but the move aligns with BP’s strategy to prioritize profitable ventures.
Editor’s Note: This isn’t just a routine asset sale—it’s a snapshot of the energy industry’s tug-of-war. BP’s retreat from wind suggests fossil fuels still drive their bottom line, while LS Power’s bet shows renewables remain attractive to investors. For consumers, it’s a reminder that the "green transition" isn’t a straight line—it’s a messy, market-driven dance.
— Curated via WP Now’s
