On September 12, 2022, BP announced that it has agreed to acquire EDF Energy Services (EDF ES), a retail power and gas provider, for an undisclosed amount. Based in Houston, Texas, EDF ES is a supplier of power, natural gas, and related services to commercial and industrial customers across the U.S. EDF ES’s customers are primarily large corporations and public entities, including retailers, universities, manufacturers and producers, municipalities, and power generators. Notably, it does not supply residential customers. BP said the deal will let it increase its capacity for lower carbon energy solutions. It is also the next step in the company’s goal to become an integrated energy company. EDF will integrate with other BP businesses that support decarbonization goals, such as BP Wind Energy, BP pulse, and BP Launchpad.