Equinor Sells U.S. Wind power Stakes to BP for $1.1 bln

10 Sep 2020

Norway’s Equinor has agreed to sell a 50% stake in two U.S. offshore wind power development projects to energy major BP for $1.1 billion. 

The two companies are also establishing a strategic partnership for further growth within offshore wind in the United States, Equinor said in a statement. (Reporting by Terje Solsvik; Editing by Jacqueline Wong)

Reuters | http://www.reuters.com