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  "docSlug": "b21885cc5252",
  "documentTitle": "BP plc (BP)",
  "authorId": "23_Bluebell_Capital",
  "authorName": "Giuseppe Bivona & Marco Taricco",
  "documentKindSlug": "shareholder-letter",
  "documentKindLabel": "Shareholder letter",
  "sourceTypeSlug": "activist_investor",
  "sourceTypeLabel": "Activist investor",
  "presentationDate": "2024-05-01 00:00:00",
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  "pageNumber": 9,
  "pageCount": 49,
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  "notes": "The slide uses a numbered list format to present a series of accusatory questions, framing the company's actions as potentially unlawful or incompetent.",
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      "kind": "callout",
      "text": "Did BP pretend to invest billions of Pounds in renewables without knowing how to present a permit plan, which complies with the law, or was Lightsource BP trying to circumvent the law?",
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      "kind": "image",
      "text": "BLUEBELL CAPITAL PARTNERS",
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      "text": "22. What was the reason behind increasing the size and number of solar panels in the amended application? 23. Did you try to upsize the capacity of the solar farm because the IRR of the project was too low and actually below BP’s WACC? 24. When all this came to light and a Judicial Review hearing had been granted, that would be heard on 17 January 2024, is it true that Lightsource BP submitted a non-material amendment to the application dated 20th October 2023 (reference DM/23/03147/NMA) which Durham Council approved on 7th November 2023? 25. Is it true that this non-material amendment was judged not to be non-material, so much so that the Judge also quashed the non-material amendment, declaring it to be unlawful? 26. Why did Lightsource BP devise and submit this amendment? 27. Was this amendment a “token attempt” to evade proper scrutiny and to cover-up the truth concerning the defects of their application? 28. What does Lightsource BP intend to do next on this site? 29. How much did Lightsource BP spend on the project cost and lawyers on that particular project? 30. We understand that Lightsource BP’s plan was declared unlawful, due to the opposition of one local resident (Mr. Ian Galloway). Why did BP take the opposite position to Mr. Galloway? Was it because a lack of competence, lack of integrity or for another reason (please specify)? 31. Did BP pretend to invest billions of Pounds in renewables without knowing how to present a permit plan, which complies with the law, or was Lightsource BP trying to circumvent the law?",
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      "kind": "paragraph",
      "text": "Bluebell Capital Partners Limited 2 Eaton Gate, London SW1W 9BJ Tel: +44 20 3826 0100",
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      "objective": "To highlight contradictions in the company's arguments",
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