BP’s $20B Sell-Off Marches On
The sale is part of BP’s ambitious $20 billion asset disposal program, first unveiled in February. As of its Q1 report, BP had already signed or completed $1.5 billion in sales, with plans to raise $3 billion to $4 billion in 2025 through further divestments.
This wind energy transaction adds to the company’s trajectory of paring down to power up, shedding peripheral businesses while honing its global energy focus.
As BP spins off another key chapter in its renewables journey, the industry watches closely to see how its streamlined strategy plays out in a world racing toward net-zero.
