BP’s $1.1 Billion Deal Marks First Step Into Offshore Wind
- Oil giant announces purchase of U.S. assets from Equinor
- Company has a $5 billion-a-year renewables investment plan
Source: Equinor ASA
This article is for subscribers only.
Sign up to receive the Green Daily daily newsletter and follow us @climate.
BP Plc, the oil giant that announced a seismic strategy shift last month, made its first venture into offshore wind power with a $1.1 billion purchase of U.S. assets from Norway’s Equinor ASA.