Despite receiving a “number of bids,” the UK oil giant late last month abruptly scrapped the sale of its interests in 16 wind farms and a project pipeline of more than 2.3GW.
“The company has determined that now is not the right time to sell the business,” BP says, an admission that its goal to be “fully remunerated” for its wind power investment fell short, and likely way short, analysts say.
BP
