BP sells 10% stake in Shafag solar project to Hungary's MVM
ReutersFeb 11, 2026 12:11 PM
LONDON, Feb 11 (Reuters) - BP BP.L has sold a 10% stake in its Shafag solar project in Azerbaijan to Hungary's MVM Energetika Zrt, the oil major said Wednesday.
BP now owns 40.01% of the Shafag project, while SOCAR Green owns 39.99%, Azerbaijan Business Development Fund owns 10% and MVM owns 10%, BP said.
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