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Equinor and SSE to acquire Triton Power from Energy Capital Partners for $418m.

Synopsis

Equinor, a petroleum refining company, and SSE, a multinational energy company headquartered in Perth, Scotland, agreed to acquire Triton Power, a private power generating company based in the UK, from Energy Capital Partners, an energy-transition infrastructure investor, for $418m. The acquisition of Triton Power strengthens Equinor and SSE Thermal's portfolio of low carbon solutions in the UK. This already includes plans for hydrogen power plants, hydrogen storage and CCGTs with carbon capture and storage in Keadby and Peterhead, Scotland.

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