Equinor raises Orsted stake to 10%, as planned
Published by Global Banking & Finance Review®
Posted on December 23, 2024
1 min readLast updated: January 27, 2026

Published by Global Banking & Finance Review®
Posted on December 23, 2024
1 min readLast updated: January 27, 2026

Equinor has increased its stake in Orsted to 10%, purchasing an additional 0.2% as planned. The investment totals USD 2.3 billion.
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)
The main topic is Equinor's increase of its stake in Orsted to 10%.
Equinor increased its stake as part of its strategic investment plans in the energy sector.
Equinor's total investment for the 10% stake was USD 2.3 billion.
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