Energy

Equinor clinches huge renewable energy contract in the U.S.

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Offices of energy company Equinor photographed in Norway on February 6, 2019.

Odin Jaeger | Bloomberg | Getty Images

Norway’s Equinor has been awarded a major contract to provide renewable energy to New York state from two huge offshore wind farms located in waters off the East Coast.

In an announcement Wednesday, the firm said it was the “largest-ever” offshore wind deal that had been awarded in the U.S. — and also “one of the largest renewable energy procurements in the U.S. to date.”

Under the terms of the deal, Equinor and its partner BP will provide New York with renewable energy from the Empire Wind 2 and Beacon Wind 1 projects.

The two firms will also work with New York to develop…



Source cnbc.com

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