bp completes Lightsource bp acquisition
UK’s Lightsource bp was fully acquired by bp, securing bp’s complete ownership of a 62 GW renewable energy pipeline across 19 countries. You can discover more about this acquisition here.
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bp acquires Lightsource bp to accelerate sustainable growth
bp plans to fully acquire Lightsource bp, leveraging its capital-light model and bp’s financial and trading expertise to drive double-digit equity returns. The integration supports bp’s growth in hydrogen, EV charging, biofuels, and power trading. The acquisition is structured competitively, emphasizing performance, and may involve bringing in a strategic partner in the future.