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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
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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 Equinor
- Offshore wind portfolio asset and market maturity
What's included
This report contains:
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