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Equinor weighs Orsted merger

04:26

Equinor weighs Orsted merger
Source: Adobe Stock

Equinor’s chairman Jon Erik Reinhardsen has left open the possibility of merging the Norwegian group’s renewable assets with the wind portfolio of Denmark’s Orsted, where Equinor holds around 10%. “We will always consider what is optimal for shareholders,” he told Bloomberg, adding that stronger alliances are needed in the renewables sector, similar to the…

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