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BlackRock Sells Majority Control of Jessup Power Plant to Equinor

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Sig2.70Sen+1.60Env0.00Soc0.00Gov+0.70

BlackRock agreed to sell a majority stake in the Jessup power plant to Equinor, transferring control from a BlackRock subsidiary. The move reflects rising electricity demand from regional data centers and BlackRock’s effort to reshape its infrastructure portfolio around energy assets tied to digital and AI growth, with Equinor becoming the lead owner under long-term contracting demand.

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