Equinor Announces Execution Of Purchase And Sale Agreement With NY State Energy Research And Development Authority For Renewable Power Generated By Empire Wind 1 Offshore Wind Project
Portfolio Pulse from Benzinga Newsdesk
Equinor has executed a purchase and sale agreement with the New York State Energy Research and Development Authority for renewable power generated by the Empire Wind 1 offshore wind project.
June 04, 2024 | 5:46 pm
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Equinor has signed a significant agreement with the New York State Energy Research and Development Authority to supply renewable power from its Empire Wind 1 offshore wind project.
The agreement with NY State Energy Research and Development Authority is a significant milestone for Equinor, indicating strong progress in its renewable energy projects. This is likely to positively impact Equinor's stock price in the short term due to the potential for increased revenue and market confidence in its renewable energy initiatives.
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