# bp and JERA form offshore wind joint venture JERA Nex bp

bp and JERA have agreed to combine their offshore wind businesses into a new 50:50 joint venture, JERA Nex bp, with 13GW potential net generating capacity and up to $5.8 billion in capital funding committed before 2030.

- Type: Partnership
- Announced: 2024-12-09
- Value: $5.80B
- Status: announced
- Capacity: 13 GW potential net generating capacity
- Products: offshore wind energy
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [BP](https://endata.com/companies/1131.md) (partner)
- [JERA](https://endata.com/companies/5225.md) (partner)

## Sources

- [jera.co.jp](https://www.jera.co.jp/en/news/information/20241209_2074), 2024-12-09: "Offshore wind has significant potential and is a critical component of the energy transition."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.