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Equinor increases its ownership in Scatec Solar

Power News - Published on Wed, 08 Jan 2020

Image Source: Scatec Solar
Equinor has acquired 6,500,000 shares in Scatec Solar, corresponding to 5.2 percent of the shares and votes, at a total purchase price of NOK 754 million. The purchase price per share is NOK 116 which compares to the closing price on 19 December of NOK 110.5 and to Scatec Solar’s equity issuance price on 24 September of NOK 116.

Following the transaction Equinor owns a total of 18,965,400 shares of Scatec Solar, raising its total shareholding to 15.2 percent of the shares and votes.

Source :

Posted By : Yogender Pancholi on Wed, 08 Jan 2020
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