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Equinor completes the 10 percent stake of Ørsted

23 December 202410:45(UTC)

Equinor has completed the acquisition of 10 percent of the shareholding in Ørsted A/S (“Ørsted”) as announced on 7 October 2024.

Following approvals under applicable Foreign Direct Investment regulations, Equinor has acquired an additional 0.2 percent shareholding (corresponding to 840,764 shares) in Ørsted.

The volume weighted average price for the 10 percent stake is DKK 398.5 per share equaling a total consideration of USD 2.3bn based on a USD/DKK exchange rate of 7.15.

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Equinor completes the 10 percent stake of Ørsted

Latest news

Oil discovery in the Johan Castberg area in the Barents Sea

Introducing Adura: The UK North Sea’s largest independent oil and gas producer

More oil and gas to Europe from the Fram and Troll area