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Equinor to Subscribe for Orsted Shares Worth Up to $939 Million in Rights Issue

Wall Street JournalMonday, September 1, 2025 at 5:50:00 AM
PositiveFinancial Markets
Equinor to Subscribe for Orsted Shares Worth Up to $939 Million in Rights Issue
Equinor plans to invest up to $939 million in Orsted shares, preserving its 10% ownership and nominating a board candidate.
Editor’s Note: This investment highlights Equinor's commitment to its partnership with Orsted and reflects confidence in the renewable energy sector, which is crucial for sustainable development.
— Curated by the World Pulse Now AI Editorial System
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