BHP Sells Power Network to BlackRock
Update: 2025-12-09
Description
BHP Group, a leading mining company, is selling a 49% stake in its power network in Western Australia to BlackRocks Global Infrastructure Partners for $2 billion. This deal allows BHP to secure cash for future investments, particularly in copper, while maintaining control of its energy operations. The sale is part of a broader trend among major miners to divest infrastructure assets for growth opportunities.
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