Equinor agreed to acquire 87.71% of Pennsylvania’s gas-fired Lackawanna Energy Center Class A shares for $940 million.

Equinor agreed to pay $940 million for 87.71% of the Class A shares in the Lackawanna Energy Center. The facility is a gas-fired power plant in Pennsylvania.

The seller was identified as Global Infrastructure Partners, which is owned by BlackRock. The disclosed percentage applies specifically to the plant’s Class A shares and should not be read as a statement that Equinor is purchasing 87.71% of every ownership or security class.

The supplied messages state that Equinor agreed to the acquisition but do not provide a closing date, regulatory conditions, financing structure, assumed debt, plant capacity, power-purchase arrangements, or data-center customer commitments. No direct AI-compute supply contract was disclosed in the cited material.