Equinor Forms New Power Unit to Support AI, Data Center Growth [Yahoo! Finance]
Equinor ASA (EQNR)
Last equinor asa earnings: 2/6 12:43 am
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Source: Yahoo! Finance
It is doing so by combining its Renewables (“REN”) division with flexible power assets from its Marketing, Midstream and Processing (“MMP”) segment. The move, announced on Thursday, is aimed at enhancing competitiveness and unlocking stronger returns in an increasingly electrified and dynamic global power market. The new division will be led by Helge Haugane, currently head of Gas & Power in MMP. He will step into his role as executive vice president of PWR this September. CEO Anders Opedal highlighted that merging renewables with flexible power assets is a strategic step to enhance Equinor's competitiveness and financial performance, laying the groundwork for sustained and disciplined growth in the evolving power sector. The decision comes at a time when electricity demand is being driven by megatrends such as AI, data center expansion and the global shift toward electrification. Equinor is positioning itself to bridge the intermittency of renewable generation with reliable, di
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EQNR
Earnings
- 10/29/25 - Miss
EQNR
Sec Filings
- 12/23/25 - Form 6-K
- 12/16/25 - Form 6-K
- 12/12/25 - Form 6-K
- EQNR's page on the SEC website