Petrobras Poised to Sign Off on Deal for BP Brazil Solar Stake

A contractor works on photovoltaic modules on a solar farm in Sao Paulo state, Brazil.

Photographer: Jonne Roriz/Bloomberg

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Petrobras SA plans to buy a stake in the Brazilian unit of BP Plc’s solar and battery arm Lightsource in the first renewable energy deal for the state-controlled oil producer, people familiar with the matter said.