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BP returns to solar with investment in Lightsource
by Ron Bousso and Susanna Twidale
Reuters Translate This Article
15 December 2017
On 15 December 2017 Reuters reported:
BP is getting back into solar power six years after its first, failed foray, with a $200 million investment in solar generator Lightsource that the oil and gas firm expects will deliver profits and deepen its foothold in renewable energy. BP, which adopted a sunburst logo two decades ago to convey its ambition in solar energy, agreed to acquire a 43 percent stake in Europe's largest solar developer. It will be renamed Lightsource BP.
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