10:21 AM EDT, 09/16/2024 (MT Newswires) -- BP (BP) plans to divest its US onshore wind energy business, which has interests in 10 operating assets across seven states, as it focuses on its solar joint venture Lightsource bp, the oil giant said in a statement emailed to MT Newswires.

The assets have a net total generating capacity of 1.3 gigawatts, the company said, adding that it intends to commence the sale process soon.

BP said it plans to consolidate onshore renewable power development through Lightsource bp. The company agreed to take full control of the joint venture in November 2023 and expects to complete the deal before the end of 2024.

Shares of BP were up 1.1% in recent trading.

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