(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 … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, News, Norway, Technology
Tagged board nomination, DKK 6 billion, Empire Wind 1, energy transition, Equinor, industry consolidation, North-West Europe, Offshore wind, partnership, renewable energy, Rights Issue, shareholder support, sustainability, US offshore wind, USD 939 million, Ørsted
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