BP Sells US Wind Portfolio In $20 Billion Divestment Push
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jul 18 2025
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Source: Benzinga
BP's Divestment Strategy: BP plc is selling its entire U.S. onshore wind energy portfolio, consisting of 10 wind farms with a capacity of 1.3 gigawatts, to LS Power as part of a $20 billion divestment plan aimed at focusing on low-carbon investments.
Impact and Future Plans: The sale, expected to close by year-end pending regulatory approvals, reflects BP's shift towards more resilient operations amid concerns over declining oil prices, while LS Power plans to integrate the wind projects into its existing clean energy portfolio.
Analyst Views on FAN
Wall Street analysts forecast FAN stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for FAN is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
