Exxon and Ørsted: the beginning of a wider partnership?
Last month, US oil giant Exxon Mobil signed an agreement with Ørsted’s subsidiary Lincoln Clean Energy to buy wind and solar power totalling 500MW in Texas.
The deal is interesting for us not only because it is the largest renewables power purchase agreement signed by an oil company. It is also because of the combination of the buyer – the largest US oil company by market capitalisation – and ...
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