Petrobras Aims to Purchase Stake in BP's Lightsource - Bloomberg (PBR:NYSE)
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The agreement foresees the acquisition of 49.99 % of the bp subsidiaries in Brazil and the shared management of projects with a portfolio of up to 1.5 GW in development, including one of the largest solar plants in Ceará, already operating Petrobras and Lightsource bp announced the signing of a strategic alliance to act jointly in the renewable energy segment in Brazil, which marks the entry of the state company into large-scale solar generation…
The Brazilian oil company Petrobras has acquired 49.99% of the subsidiaries of Lightsource bp in Brazil with the objective of developing renewable energy projects ‘onshore’ in this country. The association will be structured as a joint venture, with shared management between Petrobras and Lightsource bp, as reported by the company in a statement. Through [...] The Petrobras ticket buys 49% of subsidiaries of Lightsource bp in Brazil to promote r…
The operation would be the first business of state renewables, said people familiar with the subject
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