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Home » News » Wind Energy » Equinor Reports $400 Million Q3 Loss on Orsted Shares Amid Rights Issue
Wind Energy

Equinor Reports $400 Million Q3 Loss on Orsted Shares Amid Rights Issue

By Caesar HarrettOctober 9, 20251 Min Read
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Credit:Equinor CEO Anders Opedal
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Equinor disclosed a $400 million loss on its holdings in Danish offshore wind developer Orsted during the third quarter, the company said on Wednesday ahead of its earnings announcement later this month. The Norwegian energy company owns a 10% stake in Orsted and chose to maintain its shareholding by participating in Orsted’s $9.35 billion rights

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