Equinor: EU authorizes co-acquisition of Triton Power


(CercleFinance.com) – The European Commission has authorized the acquisition of joint control of Triton Power by SSE Thermal and Equinor.

Triton Power is a power generation company that operates three facilities in the UK, providing national grid services, electric power and cogeneration to industrial customers.

SSE Thermal, part of the SSE Group, owns and operates conventional thermal power stations in the UK and Ireland.

Equinor is an international energy company whose business activities consist primarily of the exploration, production, transportation, refining and worldwide marketing of petroleum and petroleum-derived products, gas and other forms of energy. energy, including renewables.

The Commission concluded that the proposed acquisition would not raise competition concerns, as Triton Power does not operate in the European Economic Area.

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