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StocksMediumUpdated•Originally published 13 April 2026•Updated 14 April 2026•
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Equinor to Divest 8.1% Stake in Solar Energy Firm Scatec

Key Facts

1Norway's Equinor is contemplating the sale of approximately 12.9 million shares in solar energy firm Scatec.
2The stake represents approximately 8.1% of Scatec's total share capital.

Norwegian energy giant Equinor has completed the sale of its 8.1% stake in solar energy firm Scatec for approximately 1.6 billion Norwegian crowns ($169.31 million). The transaction, involving 12.9 million shares, was finalized on Tuesday following an initial announcement on Monday. This divestment marks a significant shift in Equinor's renewable energy portfolio as part of its broader capital reallocation strategy. Market analysts noted that the completion of such a large block sale could exert short-term pressure on Scatec's valuation on the Oslo Stock Exchange. The move highlights the ongoing trend among major energy players to optimize their investment holdings. Investors are now monitoring the impact of this major shareholder exit on Scatec's long-term market performance.