Published by Jessica Casey,
Editor
Energy Global,
Equinor has completed the acquisition of 10% of the shareholding in Ørsted A/S, as announced on 7 October 2024.
Following approvals under applicable Foreign Direct Investment regulations, Equinor has acquired an additional 0.2% shareholding (corresponding to 840 764 shares) in Ørsted.
The volume weighted average price for the 10% stake is DKK 398.5 per share equalling a total consideration of US$2.3 billion based on a USD/DKK exchange rate of 7.15.
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Read the article online at: https://www.energyglobal.com/wind/02012025/equinor-completes-10-stake-of-rsted/
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