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Equinor acquires Polish renewable energy company Wento

 Last Update: 2021-06-07
 Source: Internet
 Author: User

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Sinopec News Network, according to Anadolu News on May 7, late Wednesday, Equinor announced the acquisition of 100 million from the private equity firm Enterprise Investors from the private equity firm Enterprise Investors.

Equinor said that the acquisition supports the company's efforts to become a leading company in the energy transition and provides a strong platform for the growth of the Polish energy market.

Wento's business plan includes a total of approximately 16 gigawatts (GW) of net pipelines for solar projects at various stages of development.

Pal Eitrheim, Equinor's executive vice president of new energy solutions, said: "This transaction will strengthen and diversify our investment portfolio in the emerging core area of Equinor in Poland.

Cao Haibin excerpted from Anadolu News

The original text is as follows:

Equinor acquires Polish renewables company Wento

Equinor completed an agreement to buy 100% of the shares in Polish onshore renewables developer Wento from the private equity firm Enterprise Investors for €91 million, the company announced late Wednesday.

Equinor said the acquisition supports the company's effort to be a leading company in the energy transition while providing a strong platform for growth in the Polish energy market.

Wento's business plan includes a total net pipeline of around 1.

"This transaction will strengthen and diversify our portfolio in Poland, an emerging core area for Equinor.

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