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Equinor completes the 10 percent stake of Ørsted

(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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