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Home » News » Equinor Acquires Stake in Orsted, Becomes Second-Largest Shareholder
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Equinor Acquires Stake in Orsted, Becomes Second-Largest Shareholder

By Don PadillaOctober 8, 20242 Mins Read
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Equinor has acquired a 9.8% stake in Danish renewable energy developer Orsted, establishing itself as the company's second-largest shareholder after the Danish state. The transaction involves the purchase of 41,197,344 shares, amounting to an estimated market value of $2.5 billion. Equinor, aiming to slightly increase its ownership to 10%, is awaiting regulatory approvals under applicable

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