bp Drives Portfolio Reshaping: Strategic Sale of Austrian Retail Sites, EV Charging, and Fleet Business

The British oil company BP intends to sell its gas station network in Austria this year. By the end of the third quarter, a buyer for the more than 260 gas station locations would be wanted. Other branches of business would also be completely rejected.The sale still includes e-charging stations and the fleet business associated with BP Austria as well as the shares in the operating company of Terminal Linz, BP announced on Thursday.The gas stati…

The oil company BP wants to sell its Austrian petrol station network by 2025 – including e-charging stations and terminal participation. More than 260 petrol stations are available for sale.

The British oil company BP had announced its intention to sell the service station business in Austria. The Salzburg-based LM Energy Group, which operates twelve BP filling stations in the federal state, now assures that its locations are not affected.

BP to Sell Downstream Business in Austria

The sale, expected to be complete by year-end 2025, includes over 260 of BP’s retail sites across Austria.

BP to put up for sale 260 retail stores, EV charging assets and more in Austria (BP:NYSE) – Seeking Alpha

BP to put up for sale 260 retail stores, EV charging assets and more in Austria (BP:NYSE)  Seeking Alpha Source link The post BP to put up for sale 260 retail stores, EV charging assets and more in Austria (BP:NYSE) – Seeking Alpha first appeared on Online EV Marketplace.

bp Drives Portfolio Reshaping: Strategic Sale of Austrian Retail Sites, EV Charging, and Fleet Business

bp Drives Portfolio Reshaping: Strategic Sale of Austrian Retail Sites, EV Charging, and Fleet Business (IN BRIEF) bp has announced its intention to sell its mobility and convenience business in Austria as part of a strategic move to focus on its downstream operations. The sale includes over 260 retail sites (approximately 120 company-owned), EV charging assets (including developments), the associated fleet business, and bp’s share in the Linz f…