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Equinor Acquires Energy Storage Developer In The Us

PUBLIC · EQNRJul 12, 2022

Acquiring Company

Equinor

Acquired Company

Energy Storage Developer

NorwayEnergyOil And GasRenewable EnergyBiomass Energyoil & energy

Description

Equinor has signed an agreement to buy a 100% stake in the US based battery storage developer East Point Energy LLC. The acquisition supports Equinor’s ambition to be a leading company in the energy transition and provides a platform for broadening our energy offerings in the US.

Quick answer

Equinor is acquiring Energy Storage Developer, announced July 12, 2022. Equinor is based in Norway.

How much did Equinor pay for Energy Storage Developer?
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 Energy Storage Developer based?
Equinor is based in Norway.
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.

Other recent acquisitions in Energy and Oil And Gas

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Company Information

Company

Equinor

Location

Forusbeen 50

Norway

About

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. It aims to enhance its portfolio through strategic acquisitions. The company is dedicated to sustainable practices and efficient resource management.

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Related People

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Frequently asked

Who acquired Energy Storage Developer?

Energy Storage Developer was acquired by Equinor, based in Norway. The deal was reported on July 12, 2022. 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 Energy Storage Developer?

Equinor's acquisition of Energy Storage Developer was reported on July 12, 2022. Equinor has signed an agreement to buy a 100% stake in the US based battery storage developer East Point Energy LLC. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Energy Storage Developer do?

Energy Storage Developer is the company acquired in this transaction. It is privately held.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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