Acquiring Company
Equinor
Acquired Company
Lackawanna Energy Center
Norway
PennsylvaniaEnergyOil And GasRenewable EnergyBiomass Energyoil & energyEnergyOil And GasDescription
Equinor ASA has announced plans to acquire an 87.71% stake in the Lackawanna Energy Center for $940 million from a subsidiary of BlackRock. This acquisition positions Equinor to meet rising electricity demands driven by data centers in Northeast Pennsylvania. Invenergy will continue to manage the power plant as Equinor looks to leverage its operational expertise.
Quick answer
Equinor is acquiring Lackawanna Energy Center, announced August 25, 2026. Equinor is based in Norway.
- How much did Equinor pay for Lackawanna Energy Center?
- The deal value was not disclosed.
- What does Equinor do?
- A prominent player in the oil and gas industry, focusing on production and exploration.
- Where are Equinor and Lackawanna Energy Center based?
- Equinor is based in Norway. Lackawanna Energy Center is based in Pennsylvania, United States.
- Who are the decision-makers at Equinor?
- Fundz holds 3 contacts at Equinor. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Frequently asked
Who acquired Lackawanna Energy Center?
Lackawanna Energy Center was acquired by Equinor, based in Norway. The deal was reported on August 25, 2026. A prominent player in the oil and gas industry, focusing on production and exploration. The company holds various assets across different regions, primarily in Europe and the Middle East. Equinor is publicly traded (EQNR) and operates in Energy.
When did Equinor acquire Lackawanna Energy Center?
Equinor's acquisition of Lackawanna Energy Center was reported on August 25, 2026. Equinor ASA has announced plans to acquire an 87.71% stake in the Lackawanna Energy Center for $940 million from a subsidiary of BlackRock. This acquisition positions Equinor to meet rising electricity demands driven by data centers in Northeast Pennsylvania. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Lackawanna Energy Center do?
Lackawanna Energy Center is a 1,483 MW gas-fired combined cycle power plant developed by Invenergy. It is one of the largest and most efficient gas-fired power plants in the PJM power market, generating electricity for millions of consumers. It is privately held, operating in Energy, and is based in Pennsylvania.
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