Equinor expects investment decision on S. Korea offshore wind farm in 2024

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Reuters UK

By Joyce Lee and Florence Tan DAEGU, South Korea (Reuters) – Norway’s Equinor ASA plans to make a final investment decision on what would be its first offshore wind farm in South Korea in 2024, and is considering a third project near the holiday island of Jeju, the head of its South Korean unit said. “We are looking to build a portfolio of four to six gigawatts in Korea and that’s going to support Equinor’s ambition … in energy transition,” Jacques-Etienne Michel, president of Equinor South Korea, told Reuters on the sidelines of the 2022 World Gas Conference in Daegu, South Korea. The first…

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