Equinor has completed the acquisition of 10% of the shareholding in Ørsted A/S (“Ørsted”) as announced on October 7 2024.
Following approvals under applicable Foreign Direct Investment regulations, Equinor has acquired an additional 0.2% shareholding (corresponding to 840,764 shares) in Ørsted.
The volume weighted average price for the 10% stake is DKK 398.5 per share equaling a total consideration of USD 2.3bn based on a USD/DKK exchange rate of 7.15.