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Completed
Synopsis
LS Power, a power and energy infrastructure development, investment, and operating company, completed the acquisition of US onshore wind business from bp, an oil and gas company. Financial terms were not disclosed. "Completing this acquisition reflects our ability to identify and execute on opportunities that address today's most pressing energy challenges. With electricity demand surging and new development timelines extending, operating assets that can deliver clean, reliable power at meaningful scale are increasingly critical. We're taking a 'more of everything' approach, pursuing opportunities across the energy landscape that help meet growing energy demand and position our renewable platforms for long-term growth," Paul Segal, LS Power CEO.
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