EQUINOR, BP WIND PARTNERSHIP $1.1BLN
ENERDATA - 2 Feb 2021 - BP and Equinor have completed the creation of their offshore wind partnership in the United States. As agreed in September 2020, Equinor has sold a 50% stake in the Empire Wind and Beacon Wind assets (up to 4.4 GW) in the US east coast to BP for US$1.1bn. Empire Wind is located southeast of Long Island and is being developed in two phases with a potential total installed capacity of more than 2 GW. Beacon Wind is located east of Montauk Point and south of Nantucket and has the potential to be developed with…
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