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EQNR Equinor ASA

26.965
-0.165 (-0.61%)
Last Updated: 17:18:37
Delayed by 15 minutes
Name Symbol Market Type
Equinor ASA NYSE:EQNR NYSE Depository Receipt
  Price Change % Change Price High Price Low Price Open Price Traded Last Trade
  -0.165 -0.61% 26.965 26.985 26.815 26.90 1,206,656 17:18:37

Equinor Gets Offshore Wind Lease on US West Coast

08/12/2022 7:47am

Dow Jones News


Equinor ASA (NYSE:EQNR)
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By Dominic Chopping

 

Equinor ASA said Thursday that it has secured a commercial-scale offshore wind lease on the U.S. west coast.

The Norwegian energy major said it paid $130 million for a 2 gigawatt lease in the Morro Bay area that has the potential to generate enough energy to power around 750,000 U.S. homes.

"The U.S. west coast is one of the most attractive growth regions for floating offshore wind in the world due to its favorable wind conditions and proximity to markets that need reliable, clean energy," said Molly Morris, president of Equinor Wind U.S.

 

Write to Dominic Chopping at dominic.chopping@wsj.com

 

(END) Dow Jones Newswires

December 08, 2022 02:32 ET (07:32 GMT)

Copyright (c) 2022 Dow Jones & Company, Inc.

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