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Equinor raises Orsted stake to 10%, as planned

Published by Uma Rajagopal

Posted on December 23, 2024

1 min read

· Last updated: January 27, 2026

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Equinor's acquisition of Orsted stake reflects strategic investment in renewable energy - Global Banking & Finance Review
This image illustrates Equinor's strategic acquisition of an additional 0.2% stake in Orsted, highlighting the Norwegian company's commitment to expanding its renewable energy portfolio. The investment aligns with recent trends in the energy sector focused on sustainability.
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OSLO (Reuters) – Equinor said on Monday it has bought an additional stake of 0.2% in Danish energy group Orsted, raising its ownership to 10%, in line with the Norwegian group’s previously stated intention. Equinor first announced its purchase of a 9.8% stake in the Danish offshore wind farm developer in October this year. “Following […]

OSLO (Reuters) – Equinor said on Monday it has bought an additional stake of 0.2% in Danish energy group Orsted, raising its ownership to 10%, in line with the Norwegian group’s previously stated intention.

Equinor first announced its purchase of a 9.8% stake in the Danish offshore wind farm developer in October this year.

“Following approvals under applicable Foreign Direct Investment regulations, Equinor has acquired an additional 0.2% shareholding,” the Norwegian group said in a statement on Monday.

The volume weighted average price for the 10% stake was 398.5 Danish crowns per share, equalling a total consideration of USD 2.3 billion based on an exchange rate of 7.15 Danish crowns per U.S. dollar, Equinor said.

(Reporting by Terje Solsvik, editing by Louise Rasmussen)

Frequently Asked Questions

What is foreign direct investment?
Foreign direct investment (FDI) refers to an investment made by a company or individual in one country in business interests in another country, typically through establishing business operations or acquiring assets.
What is equity?
Equity represents ownership in a company, typically in the form of stocks. It signifies the value of an owner's share in the company after all liabilities have been deducted.
What is renewable energy?
Renewable energy is energy generated from natural resources that are replenished over short periods, such as solar, wind, hydroelectric, and geothermal energy.
What is an investment?
An investment is an asset or item acquired with the goal of generating income or appreciation. Investments can include stocks, bonds, real estate, and other financial instruments.
What is sustainability in finance?
Sustainability in finance refers to the practice of considering environmental, social, and governance (ESG) factors in investment decisions to promote long-term economic growth without harming future generations.

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