Equinor’s 10% Stake Acquisition in Ørsted Now Completed

Monday, December 23, 2024
(Credit: Equinor)

Equinor has completed the acquisition of additional 0.2% in Ørsted, increasing its share to 10% and cementing its position as the second largest shareholder in the company.

The transaction makes Equinor the second largest shareholder in Ørsted after the Danish State, which holds a controlling stake.

Following approvals under applicable Foreign Direct Investment regulations, Equinor has acquired an additional 0.2% shareholding (corresponding to 840,764 shares) in the company, after the acquisition of 9.8% closed in October 2024.

The total value of the transaction is $2.3 billion.


Categories: Mergers & Acquisitions Renewable Energy Industry News Activity Europe Offshore Wind

Related Stories

EEW SPC Delivers First Monopiles for Thor Offshore Wind Farm

EEW SPC Delivers First Monopiles for Thor Offshore Wind Farm

Ocean Winds Picks Onshore Substation Contractor for Polish Offshore Wind Farm

Ocean Winds Picks Onshore Substation Contractor for Polish Offshore Wind Farm

Finnish Port Set for Offshore Wind Overhaul

Finnish Port Set for Offshore Wind Overhaul

Current News

ScottishPower's Monopile Installation Sets Foundation for Record-Breaking Offshore Windfarm

Van Oord Expands its Trencher Fleet

SLB Misses Profit Estimates for First Quarter of 2025

First Turbine at Germany’s Largest North Sea Offshore Wind Farm Stands Tall

Subscribe for OE Digital E‑News

Offshore Engineer Magazine