NEWS

(Bloomberg) – Equinor ASA Chairman Jon Erik Reinhardsen said the company has an “open mind” about the structure of its partnership with Danish wind developer Orsted A/S, including the possibility of combining their renewable assets. 

“It’s one of many options,” Reinhardsen said on Wednesday, when asked if it would make sense to combine the two companies’ wind assets.

“We will always consider what’s optimum for our shareholders in terms of what structure is best suited here,” he said in an interview on the sidelines of the Pareto Securities energy conference in Oslo. “In what form that ends up being, we have an open mind.”

Orsted shares rose as much as 8.6%, before erasing most of those gains in Copenhagen trading. The stock is down 37% this year. Equinor was little changed.

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