The acquisition will strengthen LS Power’s renewable energy portfolio by adding 1,300MW net ownership of operating onshore wind capacity.

BP has agreed to sell its U.S. onshore wind business to U.S.-based LS Power, as part of its ongoing divestment strategy, the energy major said on Friday, without disclosing a deal value. bp Wind Energy will be owned and operated under power and energy-focused investment and operating company LS Power's Clearlight Energy.

BP announced Friday it will sell its entire U.S. onshore wind portfolio to LS Power, according to Benzinga. The move is part of a $20 billion divestment strategy aimed at streamlining operations and reallocating capital to targeted low-carbon investments.