Equinor Finalizes Purchase of 10% Shareholding in Ørsted A/S

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(Energy Analytics Institute, 23.Dec.2024) — Norway’s Equinor completed its acquisition of a 10% shareholding in Ørsted A/S as previously announced on 7 Oct. 2024.

Following approvals under applicable Foreign Direct Investment regulations, Equinor has purchase an additional 0.2% shareholding (corresponding to 840,764 shares) in Ørsted, the Norwegian company announced 23 Dec. 2024 in an official statement. 

The volume weighted average price for the 10% interest is DKK 398.5 per share equaling a total consideration of $2.3bn based on a USD/DKK exchange rate of 7.15, Equinor said.

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