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 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 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 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 ...
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 ...
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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 ...
Why Equinor Stock Slumped on Monday
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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), ...
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 ...
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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 ...
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 ...