trending Market Intelligence /marketintelligence/en/news-insights/trending/cEnvGwa85PRp2UosYvI8pQ2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Equinor raises stake in Scatec Solar to 15.2%

As COVID-19 Wears On, Regulators Examine Moratorium Extensions, Cost Recovery

Essential Energy Insights - June 11, 2020

Webinar Replay

Deep Dive on Oil & Gas for Financial Institutions

Essential Energy Insights - May 28, 2020

Equinor raises stake in Scatec Solar to 15.2%

Equinor ASA acquired another 5.2% stake in solar developer Scatec Solar ASA, equating to 6.5 million additional shares, which it bought for 116 Norwegian kroner each, amounting to a total of 754 million kroner.

The company said Dec. 19 that it now owns a total of 18,965,400 shares in Scatec, raising its combined shareholding in the renewables business to 15.2%.

Equinor partnered with Scatec in 2017 on the Apodi solar farm in Brazil its first solar development project — and followed this with a second joint project in June 2018 with the Guanizul 2A solar farm in Argentina.

"Our shareholding in Scatec Solar remains an important long-term investment for Equinor and reinforces our strategy to develop a strong position in renewables to secure lasting value for our shareholders," Pål Eitrheim, executive vice president in Equinor's New Energy Solutions business, commented.

Equinor bought a 9.7% stake in Scatec Solar in November 2018, boosting its clean energy portfolio beyond offshore wind.

As of Dec. 19, US$1 was equivalent to 8.97 Norwegian kroner.