Raymond Carlsen was on a plane from Oslo, Norway, to London in late 2018 when he got a call from an executive at Equinor ASA, informing him that the Norwegian oil company had become a major shareholder in Scatec ASA, the small solar developer that Carlsen had been leading for nearly a decade. The news, […]
Top Indian bank drags its feet on billionaire Adani coal loan
Two senior State Bank of India executives, who asked not to be identified, said the bank was dragging its feet on extending part of a funding line of as much as $1 billion to Adani Enterprises Ltd., which plans to use the money for the controversial Carmichael mine. By Suvashree Ghosh, Alastair Marsh and P […]
SSE, Equinor Kick Off Stake Sale in Biggest Wind Farm at Sea
SSE Plc and Equinor ASA plan to put a stake up for sale in what will be the world’s biggest offshore wind farm off the coast of the U.K. Offshore wind farms, some of the biggest renewable power plants, are in increasing demand from financial investors and energy majors looking to diversify their businesses…Read More…
