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Equinor Investing in Argentine Renewable Energy Market (Int'l.)
Equinor ,YPF Luz.
Date: 2019-08-09
Oslo-headquartered Norwegian oil and gas major Equinor -- fka Statoil -- reports it has entered the Argentine wind-power market with a $30 million share purchase bid for a 50 pct stake in the 120MW Canadon Leon wind farm project, which is owned and being built in Santa Cruz Province by the state controlled power company YPF Luz.

Equinor holds a 50 pct indirect interest in the 100MW Guanizul 2A solar farm and recently signed a memorandum of understanding with Petrobras to investigate Argentina's offshore wind energy potential. (Source: Equinor, Recharge, 7 Aug., 2019) Contact: Equinor, Pal Eitrheim, VP New Energy Solutions, www.equinor.com; YPF Luz, www.ypfluz.com

More Low-Carbon Energy News Equinor ,  Wind,  YPF Luz. ,  

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