OB:EQNROil and Gas
Equinor Scatec Stake Sale Reframes Renewables Role And Valuation Story
Equinor (OB:EQNR) has sold an 8.07% stake in Scatec, a Norwegian renewable energy company.
The transaction generated substantial proceeds and leaves Equinor with an 8.05% shareholding in Scatec.
Equinor and Scatec will continue their existing partnership on Brazilian solar projects.
For investors following Equinor's role in the energy transition, this Scatec stake sale is an important portfolio move to track. Equinor operates across oil, gas, and renewables, and its mix of assets is central...