The tie-up with Jera will mean BP’s spending on offshore wind will drop sharply from previously anticipated investment of $10bn (£7.8bn) between 2023 and 2030.
The equally owned joint venture, called JERA Nex BP, will see BP and Japanese firm JERA provide up to $5.8bn in capital funding for investments before the end of 2030. It will become。
BP will conbp desi bptribute up to £2.5billion and Jera – Japan’s largest power generation company – £2billion for investments up to the end of 2030, though the companies pointed out that the。
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