BP. Bp Plc

By Anthony O. Goriainoff

BP PLC said Tuesday that it has acquired California-based electric vehicle charging and energy management provider AMPLY Power for an undisclosed amount.

The London-listed energy major said that was its first major step into electrification in the U.S., with AMPLY Power geared toward fleets operating trucks, transit and school buses, as well as vans and light-duty vehicles.

The company said the transaction was aligned with its plan to scale-up next generation mobility solutions and that this included the provision of a fast and reliable network of charging and digital solutions for customers.

"This acquisition builds on significant investments in offshore wind earlier this year in New England, onshore wind across seven states and our rapidly growing presence in solar," the company said.

Write to Anthony O. Goriainoff at anthony.orunagoriainoff@dowjones.com

(END) Dow Jones Newswires

December 07, 2021 12:18 ET (17:18 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.