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Equinor Buys $940m Stake in Gas-Fired Power Plant

2 hours ago

Norwegian energy group ‌Equinor said on Monday it has agreed to buy a stake in a gas-fired power plant in the U.S. state of Pennsylvania, seeking to benefit from rapidly growing electricity demand from data centres and other industry.Equinor will pay $940 million, subject to final adjustment, for 87.71% of the Class A shares from BlackRock's Global Infrastructure Partners in the Lackawanna Energy Center…

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