British oil major BP has completed the sale of its American onshore wind operations to renewable energy developer LS Power, signaling a continued strategic pivot away from clean energy investments toward traditional fossil fuel production. The transaction includes ownership stakes in ten wind farms with combined gross generating capacity of 1.7 gigawatts, sufficient to power approximately 1.3 million homes.

The divestiture represents a cornerstone element of BP's revised corporate strategy, announced in February, which prioritizes oil and gas production while reducing capital commitments to renewable energy projects. Under this restructuring plan, the company aims to dispose of $20 billion in assets through 2027, including $4 billion scheduled for 2025 alone. Concurrently, BP plans to increase annual oil and gas production investments by nearly 20 percent.

For energy markets, this transaction reflects broader headwinds facing renewable energy development in the United States under current federal policy direction. The Trump administration's opposition to wind and solar power, including accelerated phase-outs of clean energy tax credits, has created additional challenges for renewable energy companies. However, LS Power views the acquisition as a strategic opportunity to expand its 21-gigawatt power portfolio.

The wind assets span seven states including Colorado, Hawaii, Idaho, Indiana, Kansas, Pennsylvania, and South Dakota, with the largest concentrations in Indiana and Kansas. LS Power will integrate these facilities under its Clearlight Energy subsidiary, with the transaction expected to close by year-end 2025. This sale follows BP's recent disposal of Dutch retail fueling stations and ongoing divestiture of solar and offshore wind assets through joint ventures.