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Monday, July 27, 2026 7:54 GMT
BP is in advanced talks to sell its solar business, Lightsource, to a consortium backed by Kuwait's sovereign wealth fund, the Financial Times reported on Friday, as the energy major sharpens its focus on oil and gas to bolster returns. Green energy-focused private equity firm Qualitas Energy and Wren House, the infrastructure arm of Kuwait's sovereign wealth fund Kuwait Investment Authority, have teamed up for the bid, the report said, citing people familiar with the matter. BP has been...More