Market Chatter: BP Looking to Sell 50% of Solar Unit Lightsource

MT Newswires Live
14 Mar

BP (BP) is looking to sell 50% of its solar unit Lightsource bp for cash with a commitment for future investments, Reuters reported Thursday, citing a sales document.

The company expects bids to be submitted in June and plans to shortlist bidders in July, according to the report.

BP and Lightsource bp did not immediately respond to requests for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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