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Announced

bp to acquire AMPLY Power.

Synopsis

bp, an oil and gas company, agreed to acquire AMPLY Power, an EV fleet charging provider. Financial terms are not disclosed. “Expanding into EV fleet charging is the latest in bp’s ongoing commitment to help drive the energy transition in the US. This acquisition builds on significant investments in offshore wind earlier this year in New England, onshore wind across seven states and our rapidly growing presence in solar. bp sees enormous opportunity for the US to lead the energy transition, and we’re excited to help the country on its journey to net zero,” David Lawler, bp Chairman and President.

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