BP Pivots Back to Oil, to Divest its Onshore Wind Energy Business in the USJuly 22, 2025 at 09:05 AM EDT
British oil and gas company BP is pivoting back to fossil fuels and divesting its onshore wind energy business in the U.S. after its efforts to go green seemingly fell short. According to the fossil fuel multinational, it has entered a deal to sell its share of the 10 onshore wind farms it owns in the U.S. to LS Power, a utility-scale electric transmission operator based in New York. The farms collectively generate enough clean wind energy to power over half a million American homes. The shifting policy direction in the U.S. has also put other players in the clean energy field like Mullen Automotive Inc. (NASDAQ: MULN) in a more challenging position in their bid to lure more motorists to… NOTE TO INVESTORS: The latest news and updates relating to Mullen Automotive Inc. (NASDAQ: MULN) are available in the company’s newsroom at https://ibn.fm/MULN About GreenEnergyStocks GreenEnergyStocks (“GES”) is a specialized communications platform with a focus on companies working to shape the future of the green economy. GreenEnergyStocks is one of 70+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, GES is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, GES brings its clients unparalleled recognition and brand awareness. GES is where breaking news, insightful content and actionable information converge. To receive SMS alerts from GreenEnergyStocks, text “Green” to 888-902-4192 (U.S. Mobile Phones Only) For more information, please visit https://www.GreenEnergyStocks.com Please see full terms of use and disclaimers on the GreenEnergyStocks website applicable to all content provided by GES, wherever published or re-published: https://www.greennrgstocks.com/Disclaimer GreenEnergyStocks GreenEnergyStocks is powered by IBN More NewsView More
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