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

Arkansas Lithium project finalized USD 225 million award

Equinor awarded 27 new production licences on the Norwegian continental shelf

Invitation to send estimates for fourth quarter financial results