BP eyes finalising sale of solar arm to Kuwait-backed wealth fund

https://www.cityam.com/wp-content/uploads/2026/04/a-british-petroleum-bp-forecourt-.jpg?w=1107" />

Oil giant BP is in advanced talks to sell its solar power business to an investor backed by Kuwait’s sovereign wealth fund as it moves away from pushing net zero.

Private equity firm Qualitas Energy, and Wren House, the infrastructure arm of Kuwait Investment Authority, have joined forces to bid for Lighthouse, BP’s solar business. https://www.cityam.com/bp-eyes-finalising-sale-of-solar-arm-to-kuwait-backed-wealth-fund/">[...]