# Equinor acquires 87.71% stake in Lackawanna Energy Center for $940 million

Equinor agreed to acquire 87.71% of the Class A shares in the 1,483 MW Lackawanna Energy Center gas-fired power plant in Pennsylvania for $940 million, with Invenergy continuing to manage and operate the facility.

- Type: Acquisition
- Announced: 2026-08-17
- Where: Pennsylvania, United States
- Value: $940.0M
- Status: announced
- Capacity: 1,483 MW
- Products: electricity from gas-fired combined cycle power plant
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Equinor](https://endata.com/companies/1741.md) (acquirer)
- [BlackRock](https://endata.com/companies/7003.md) (partner)
- [Invenergy](https://endata.com/companies/27606.md) (partner)
- [Global Infrastructure Partners](https://endata.com/companies/50492.md) (partner)

## Sources

- [equinor.com](https://www.equinor.com/news/20260817-strengthens-position-us-power-market), 2026-08-17: "This acquisition gives Equinor further access to the largest power market in the US and is located close to our significant Appalachian gas position."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.