Global energy giant BP has sold its wind power assets in India to focus on its US wind portfolio, the company announced in a statement today.
Indian power producer Green Infra has bought the BP subsidiary, BP Energy India Private, which operates three Indian wind farms with a total generating capacity of 100 megawatts (MW). The assets were sold for 4.62 billion rupees ($95 million) with a net debt assumed by the purchaser of 2.84 billion rupees.
BP decided to concentrate on US wind development o
The week on Risk.net, August 4–10Receive this by email