Orsted, Equinor
Equinor buys 9.8% stake in Orsted valued at $2.5 billion
Norway's Equinor has bought a 9.8% stake valued at around $2.5 billion in renewable energy group Orsted, it said on Monday, making it the second largest shareholder after the Danish government. Orsted's share price rose on the news,
Equinor Buys $2.5 Billion Stake in Danish Wind Giant Orsted
Equinor ASA acquired a $2.5 billion stake in Danish wind energy giant Orsted A/S, pairing one of the Nordic region’s biggest fossil fuel companies with its largest renewable power developer.
Equinor Buys 9.8% Stake in Orsted as Part of Renewables Push
Spread the loveNorwegian energy giant Equinor has announced a strategic investment in Orsted, acquiring a 9.8% stake in the Danish offshore wind leader. This move underscores Equinor’s commitment to a sustainable future and its ambitions to become a global leader in renewables.
Equinor becomes second-largest stakeholder in Ørsted
The acquisition corresponding to 9.8% of the shares and votes in the company. The transaction establishes Equinor ( EQNR) as the second largest shareholder in Ørsted, after the Danish State, which holds a controlling stake in the company. Equinor ( EQNR) is supportive of Ørsted’s strategy and management, and is not seeking board representation.
Equinor buys 9.8% stake in offshore wind developer Orsted
Norway's Equinor has bought a 9.8% stake valued at around $2.5 billion in Danish offshore wind farm developer Orsted, it said on Monday, as it seeks to build up its renewables portfolio. Orsted shares
Equinor acquires 9.8% stake in Ørsted
Norwegian energy giant Equinor has acquired a 9.8% stake in Danish energy company Ørsted. The current market value of Equinor’s holding in Ørsted is $2.5bn. Equinor becomes Ørsted's second-largest shareholder.
Equinor Strengthens Offshore Wind Portfolio With 9.8% Stake in Orsted
Equinor ASA EQNR, a Norwegian state-owned energy company, has acquired 41.2 million shares in Orsted A/S, representing a 9.8% stake in the company. This acquisition makes Equinor the second-largest shareholder in Orsted,
European oil majors will not ape Equinor’s renewables opportunism
Equinor was a relatively early mover in offshore wind. It already has an operational portfolio of about 1GW, and 2GW under construction. In recent years, though, it has often been priced out of ...
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Equinor becomes second largest shareholder of leading Danish renewables firm
NORWEGIAN energy company Equinor has bought a 10% stake in Danish multinational Ørsted, one of the world’s largest renewable ...
Equinor Says Angola’s Decline-Fighting Oil Policy Is Working
Equinor ASA said Angola’s efforts to stave off a decline in its oil production by updating policy is having a positive effect ...
Norway's Equinor remains committed to Tanzania LNG project
Norway's Equinor remains committed to a $42 billion liquefied natural gas (LNG) project in Tanzania that has stalled after ...
Why Equinor Stock Slumped on Monday
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Equinor ASA (0M2Z) Gets a Sell from Citi
In a report released today, Alastair Syme from Citi maintained a Sell rating on Equinor ASA (0M2Z – Research Report). The company’s ...
Equinor, Aker BP, Vaar face rising project costs, Norway budget shows
Equinor , Aker BP and Vaar Energi have raised their cost estimates for major oil and gas development projects on the ...
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Equinor Reports Progress on Major Norwegian Development Projects
Equinor ASA EQNR, a Norwegian state-owned energy company, has announced significant progress on its development projects ...
Kepler Capital Remains a Hold on Equinor ASA (0M2Z)
In a report released on October 8, Bertrand Hodee from Kepler Capital maintained a Hold rating on Equinor ASA (0M2Z – Research Report), ...