BP to sell wind assets to IDFC PE?

A media report in Economic Times suggests that UK-based energy giant BP is planning to sell its 100MW wind power portfolio in India to IDFC PE, an infrastructure-focused PE fund. While BP has not commented on the market speculation, the proposed deal falls in line with the firm’s strategy to focus on the US market.


Update: A report in vccircle.com suggests that IDFC PE is not in talks with BP for buying the latter’s wind energy farms in India.