BP to acquire majority control of Brazilian ethanol and sugar producer for $680M
Green Car Congress
MARCH 14, 2011
Low carbon energy will play an increasingly significant role in meeting world energy demand. This is the biggest acquisition to date for BP Alternative Energy as we continue to build a leading low carbon fuels business. Since 2008, BP has held a 50% share in Tropical BioEnergia S.A., —Bob Dudley, BP Group Chief Executive.
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