MARKETS

Speculation on BP selling more than half stake in renewable arm

UK oil giant has reduced its debt to $36bn from $68bn over the last five years

Staff Writer

Speculation on BP selling more than half stake in renewable arm

Credits: Shutterstock/T. Schneider

Circling rumours suggest BP is considering selling a 51% stake in its wholly owned Australian renewable firm, Lightsource bp – a utility-scale solar and battery storage developer and operator. It...

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