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Stock impact report

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 Check Earnings Report
Company Research 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 Read more
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