[ TRANSACTION RECORD ]

BP plc Investment in Bluestone Energy — 2023

VERIFIED VECTOR ID: 001526 · tx-054
M SOURCE NODE — FUNDER
BP plc
Energy United Kingdom
$200,000,000
EQUITY
01/08/2023
Q DESTINATION NODE — RECIPIENT
Bluestone Energy
Company United Kingdom
Amount (USD)
$200.0M
Flow Type
EQUITY
Transaction Date
01/08/2023
Primary Source
View Filing ↗
Funder Profile [ M ]
Entity BP plc
AUM 180000
HQ Location United Kingdom
Sector Energy
Recipient Profile [ Q ]
Entity Bluestone Energy
Entity Type Company
Jurisdiction United Kingdom
Intelligence Note

BP plc acquired Bluestone Energy to expand its renewable energy portfolio and battery storage development pipeline in the United Kingdom. The transaction adds significant utility-scale projects to BP’s low-carbon energy transition strategy. This deal represents a targeted institutional investment into flexible power systems for the modern energy grid.

Σ
Primary Forensic Source https://www.bp.com/en/global/corporate/news-and-insights/press-releases/bp-acquires-bluestone-energy.html/
✓ SOURCE LINKED