BP seeks to sell 50% of solar unit to strategic partner-February 2024-www.financetom.com

BP seeks to sell 50% of solar unit to strategic partner

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BP seeks to sell 50% of solar unit to strategic partner

Mar 13, 2025 6:50 AM

LONDON, March 13 (Reuters) - BP is seeking to sell 50%

in its solar unit Lightsource bp to a strategic partner for cash

and commitment of future investments, the energy major said in a

sales document seen by Reuters.

BP is planning assets sales and partnerships as part of a

broader plan to address investors' concerns. The firms wants to

cut costs and improve return on investments to boost its share

price and profits.

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