BP shares rise 1.34% premarket after selling US onshore wind business to LS Power.

Bp P.L.C. rose 1.34% in premarket trading, with the company announcing the sale of its US onshore wind business, BP Wind Energy North America, to LS Power. The deal includes 10 grid-connected wind power assets across seven US states, with a combined generating capacity of 1.7 gigawatts. The transaction is expected to be completed by the end of the year, subject to regulatory approvals. This divestment is part of BP's strategy to refocus its portfolio away from low-carbon assets and pay down net debt.