Equinor increases its ownership in Scatec
Equinor ASA (Equinor) has acquired 5,000,000 shares in Scatec ASA (Scatec) from Scatec Innovation AS, corresponding to 3.1 percent of the shares and votes, at a total purchase price of NOK 305 million.
The purchase price per share is NOK 61. The closing price on 15 March 2023 was NOK 64,18.
Following the transaction Equinor owns a total of 25,776,200 shares of Scatec, raising its total shareholding to 16.2 percent of the shares and votes.
“As the largest shareholder in the company, we have acted on this opportunity to acquire an additional 3.1% stake in Scatec, a leading renewable energy company in emerging economies. The acquisition aligns well with our disciplined approach to growth within renewables. Since Equinor acquired its first shares in Scatec in 2018, we have continued to work constructively with Scatec’s management,” says Pål Eitrheim, executive vice president for Renewables in Equinor.
Partnering with Scatec, Equinor entered its first solar development project in 2017 via the Apodi asset in Brazil, followed by a second joint project in June 2018 with the Guanizul 2A in Argentina. The two companies are also partners together with Hydro Rein in the Mendubim solar development project (531 MW) in Brazil.
Latest news
Announcement of cash dividend per share in NOK for second quarter 2024
Equinor ASA announced on 24 July 2024 an ordinary cash dividend per share of USD 0.35 and an extraordinary cash dividend per share of USD 0.35 for second quarter 2024.
Equinor brings on another rig
Equinor has awarded a two-year firm contract to Northern Ocean Wind AS to employ the mobile rig Deepsea Bollsta on the Norwegian continental shelf.
Ex. dividend second quarter 2024 today - Oslo Børs
The shares in Equinor ASA (OSE: EQNR; NYSE: EQNR) will as from today be traded on Oslo Børs exclusive the second quarter 2024 cash dividend as detailed below.