US EditionEquinor backs Ørsted’s Rights Issue with up to DKK 6 billion investment and plans board nomination
This story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.3 Articles
3 Articles
Equinor to Inject Nearly $1 Billion into Orsted Following US Setbacks Under Trump - Energy News, Top Headlines, Commentaries, Features & Events
Summary Equinor supports Orsted’s rights issue Will subscribe for shares worth up to $941 million Says it sees value in strategic collaboration with Orsted Will nominate candidate to Orsted’s board Orsted shares rise 4.7% COPENHAGEN/OSLO, Sept 1 (Reuters) – Norway’s Equinor will pump nearly $1 billion into Orsted’s emergency fundraising it said on Monday, bolstering the Danish offshore wind ...
Equinor backs Ørsted’s Rights Issue with up to DKK 6 billion investment and plans board nomination
Equinor backs Ørsted’s Rights Issue with up to DKK 6 billion investment and plans board nomination (IN BRIEF) Equinor has confirmed its participation in Ørsted’s planned Rights Issue, committing to subscribe for up to DKK 6 billion (USD 939 million) to maintain its 10% ownership stake. The decision follows dialogue with Ørsted and reflects Equinor’s confidence in Ørsted’s business and offshore wind’s role in the future energy mix. Equinor will a…
Norway – 01/09/2025 – energysdelamer.eu. Equinor plans to participate in the next issue of rights of around EUR 8 billion, and to retain its 10% stake in the Danish offshore wind producer. On 1 September, Equinor stated that, subject to the final conditions of the issue of rights, it intended to subscribe to new shares of up to DKK 6 billion, i.e. around USD 939 million (approximately EUR 800 million).
Coverage Details
Bias Distribution
- There is no tracked Bias information for the sources covering this story.
Factuality
To view factuality data please Upgrade to Premium
