In a move involving two Scandinavian companies who are significant players in the U.S. offshore energy sector, Norway’s Equinor ASA has acquired 41,197,344 shares in Denmark’s Ørsted A/S, corresponding to 9.8% of the shares and votes in the Danish company.
The transaction establishes Equinor as the second largest shareholder in Ørsted, after the Danish State, which holds a controlling stake in the company. Equinor is, itself, 67% owned by the Government of Norway.
“Equinor has a long-term...
https://www.marinelog.com/offshore/offshore-wind-equinor-now-orsteds-second-largest-shareholder/