Article 4W4ZY BP boosts stake in solar firm amid clean energy plan for its offices

BP boosts stake in solar firm amid clean energy plan for its offices

by
Jillian Ambrose
from on (#4W4ZY)

Oil and gas firm will buy new shares from startup Lighthouse BP for undisclosed price

BP has increased its stake in the British solar venture Lightsource BP as it prepares to strike a deal to power its offices with renewable energy from next year.

The companies announced plans to set up a 50:50 joint venture almost two years after BP made its return to the solar market by snapping up a 43% stake in Lightsource for 200m.

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