British energy major bp to take full ownership of Lightsource bp



The acquisition of the remaining shares of Ligthsource bp will cost about US$320.96 million. Image: Lightsource bp

Energy major bp has agreed to take full ownership of solar developer Lightsource bp.


Under the agreement, bp will acquire the remaining stake of 50.03% in Lightsource bp from the company’s founders, management and staff at a base equity value of £254 million (US$320.96 million).

(The above content is reproduced from pv-tech,By Simon Yuen)

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