Equinor, a leading energy company, has solidified its footprint in the renewable energy sector by acquiring Rio Energy, an eminent onshore renewables firm in Brazil, from Denham Capital. The purchase includes selected assets and the team, with Denham Capital retaining certain assets, bolstering Equinor’s position in the Brazilian market. Equinor’s executive vice president for Renewables, […]
Italian oil and gas giant Eni is foraying into the UK offshore wind market by acquiring a 20% stake in the 2.4GW Dogger Bank offshore wind project A and B assets from Equinor and SSE Renewables for £405 million. Brief details of Dogger Bank offshore wind project The Dogger Bank wind project is being built, […]
Equinor has agreed to divest a 25% stake in the 385MW Arkona offshore wind farm in the German waters of the Baltic Sea for about €500 million to funds advised by Credit Suisse Energy Infrastructure Partners. The Norwegian oil and gas giant holds a 50% stake in the German offshore wind project, which was brought […]
Offshore wind industry news : Equinor’s Empire Wind Project, a proposed 816MW offshore wind farm in the US to be built with an investment of around $3 billion, has been named as a winner in New York State’s large-scale competitive offshore wind solicitation. The Empire Wind Project is expected to help the clean energy and […]