<ul><li>Oil and gas giant BP has completed its takeover of Lightsource BP, acquiring the remaining 50.03% stake in the onshore renewables developer.</li><li>Lightsource BP will continue to operate as a standalone business and retain its independent brand under BP's ownership.</li><li>BP consolidated Lightsource BP's finance debt and eliminated an existing guarantee, and may bring a strategic partner into the business in the future.</li><li>Lightsource BP has a 62 GW project development pipeline and significant projects worldwide, including a 560 MW solar plant in Greece.</li></ul>

BP completes takeover of Lightsource business

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