-+ 0.00%
-+ 0.00%
-+ 0.00%

Equinor buys 87.71% stake in Lackawanna gas power plant for USD 940 million

PUBT·08/17/2026 14:12:28
Listen to the news
Equinor buys 87.71% stake in Lackawanna gas power plant for USD 940 million
  • Equinor agreed to buy 87.71% of the A-shares in the 1,483 MW Lackawanna Energy Center gas-fired plant in Pennsylvania.
  • Purchase price set at USD 940 million, subject to a potential reduction at closing.
  • Seller is a fund managed by Global Infrastructure Partners, a BlackRock unit.
  • Invenergy retains the remaining A-shares, holds all B-shares, continues as operator.
  • Deal expands access to the PJM power market; closing requires US regulatory approvals.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Equinor ASA published the original content used to generate this news brief on August 17, 2026, and is solely responsible for the information contained therein.