Insight
Equinor acquires a 9.8% stake in Ørsted. What lies ahead?
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Equinor has acquired a 9.8% equity stake in Ørsted and will receive the same share of votes. Equinor’s holding has a market value of around US$2.5 billion and makes it the second largest shareholder in Ørsted. The Danish State continues to hold 50.15% of the company’s equity and will remain the largest shareholder through its controlling stake. This is an intriguing play by Equinor that provides a strong vote of confidence in Ørsted and the prospects for the offshore wind sector.
Table of contents
-
Executive summary
- Why Ørsted and why now?
- Why get closer to Ørsted?
- What are the possible downsides for Equinor retaining a small shareholding?
- Is this the end of the story?
Tables and charts
This report includes the following images and tables:
-
Net commercial offshore wind portfolio: Ørsted and EquinorOffshore wind portfolio asset and market maturity
What's included
This report contains:
Other reports you may be interested in
Insight
Lithium’s US$2 Billion Question: How Bolivia's election could determine the fate of its vast lithium resource
Bolivia's lithium future is at the crossroads as the Oct 19 runoff between two candidates supporting lithium development approaches.
$1,050
Insight
China’s solar surge: What lies ahead?
analyses the solar installation surge in China in 2024, diving deep into political and market drivers
$3,000
