News
04 August 2023

BP and Equinor renegotiating US offshore wind PPAs

In:
Renewables
Region:
Americas

BP and Equinor are in the process of renegotiating the PPAs for their joint offshore wind projects in the USA, according to Reuters.The partners do not plan on developing the projects off the US East Coast unless they meet the ”return thresholds of 6% to 8%”, Reuters quoted bp’s...

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