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Orsted plunges

As Trump Curbs Wind Farms, Orsted Plans $9.4 Billion Share Offering

Shares of the Danish renewable energy developer tumbled after it said it would issue more stock to raise funds instead of divesting a stake in a wind farm off the U.S. coast.

Reuters on MSN · 20h

Orsted plunges as it seeks $9.4 billion to cope with Trump's hostility to wind power

Pedersen and Soren Jeppesen COPENHAGEN (Reuters) -Shares in Orsted plunged to a record low on Monday as the wind farm developer asked shareholders for $9.4 billion to help fund a U.S. project, after potential partners were put off by U.

MarineLink · 17h

Orsted Shares Plunge as it Seeks $9.4B to U.S. Wind Power Project

Shares in Orsted plunged to a record low on Monday as the wind farm developer asked shareholders for $9.4 billion to help fund a U.S.

2hon MSN

Trump's war on Net Zero forces wind giant Orsted to raise extra cash

Fresh doubts are swirling around wind power's ability to reshape global energy, as mounting setbacks point to a sector facing ...

Renewable Energy World13h

Ørsted shares sink over $9.4B rights issue tied to US offshore wind market

Board of Directors has elected to end its planned partial divestment of a wind project off the coast of New York.

19h

Denmark Injects Billions Into Orsted, Sparking Political Backlash

Denmark’s plan to inject billions of dollars into the offshore wind giant Orsted has sparked political backlash. Taxpayers ...

19h

Orsted: Danish energy giant takes almost £400m hit from halted Yorkshire wind farm

Energy giant Orsted has said that it took an almost £400m hit from its decision to halt work on a major offshore wind project ...

Recharge20h

Battered Orsted sticks to sell-off strategy and lines up bidder for giant UK asset

CFO acknowledges Orsted faces a 'buyers market' for offshore wind assets but says all non-US farm-downs are 'progressing as ...

CBS News1y

Orsted delays 1st New Jersey wind farm until 2026; not ready to 'walk ...

Previously, Orsted had said power would be flowing to customers sometime in 2025. Orsted has federal approval for the Ocean Wind I project, and has state approval for a second New Jersey project ...

The Local - Denmark22h

Danish wind giant Ørsted seeks to raise capital after US setbacks

Danish offshore wind power group Ørsted said on Monday it was planning to raise 60 billion kroner ($9.4 billion) by selling ...

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