Equinor Completes 10% Stake Acquisition in Orsted for $2.3B
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Equinor (EQNR) has completed a 10% stake acquisition in Orsted for $2.3 billion, enhancing its renewables portfolio and becoming the second-largest shareholder in Orsted.

December 27, 2024 | 1:30 pm
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Equinor has completed a 10% stake acquisition in Orsted for $2.3 billion, enhancing its renewables portfolio and becoming the second-largest shareholder in Orsted.
The acquisition of a 10% stake in Orsted for $2.3 billion significantly strengthens Equinor's position in the renewables sector, which is likely to be viewed positively by investors. This move aligns with global trends towards renewable energy, potentially boosting Equinor's stock price in the short term.
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