Equinor ASA has acquired a 9.8% stake in Ørsted A/S, positioning itself as the second largest shareholder to enhance its presence in the renewable energy sector.

Information on the Target

Ørsted A/S is a leading global company in renewable energy, particularly known for its substantial investment in offshore wind projects. As of now, Ørsted has a net renewable generation capacity of approximately 10.4 GW and is executing offshore wind projects totaling around 7 GW. The company's strategic goal is to achieve a gross installed renewable capacity of 35 to 38 GW by the year 2030, further enhancing its position in the energy market.

With the backing of the Danish State, which holds a controlling stake, Ørsted is positioned as a prominent player in the renewable energy sector. The company's commitment to sustainability and innovation makes it an attractive target for investors looking to engage in long-term, eco-friendly initiatives.

Industry Overview in Denmark

The renewable energy sector in Denmark is considered one of the most advanced globally, with significant government policies supporting green energy initiatives. The country has set ambitious targets to reduce carbon emissions and tran