BP's Tatics in Cape Vincent Ny

Thursday, April 4, 2013

Despite planned sale of BP’s U.S. wind assets, Cape wind developer will move forward with state siting process

CAPE VINCENT — Despite BP’s plan to sell off all of its wind assets in the U.S., the developer does not intend to halt the state Article X siting process for the proposed Cape Vincent Wind Farm, according to a BP spokesperson.[Watertowntimes]


Anonymous said...

BP is moving forward until it isn't.

Stephen said...

When Wind power is one of BP’s largest renewable energy businesses, and the company is one of the larger wind generators in the US .... then I dont see the reason to sell and it concentrate on its core oil and gas operations. Then I found here that The move follows a series of asset sales worth about $38bn, to help finance the compensation costs related to the 2010 Gulf of Mexico oil spill. hmm … this explains about their move