Investment Decision
Equinor has decided to support Ørsted's Rights Issue, which was proposed by Ørsted's Board of Directors on August 11, 2025. This decision aims to strengthen Ørsted's balance sheet amid current industry challenges.
Ownership and Board Nomination
Equinor intends to maintain its 10% ownership stake in Ørsted by participating in the Rights Issue. Additionally, Equinor plans to nominate a candidate for Ørsted's board of directors ahead of the next annual general meeting.
Financial Commitment
Subject to the final terms of the Rights Issue, Equinor will subscribe for new shares with a potential investment of up to DKK 6 billion, approximately USD 939 million, based on a USD/DKK exchange rate of 6.39.
Offshore Wind Portfolio
Equinor's offshore wind portfolio currently includes 0.4 GW of net installed capacity and an additional 3.0 GW under development. The focus remains on completing ongoing projects in North-West Europe and Empire Wind 1 in the US.
