News

Ørsted shares sink on $9bn fundraising plan to shore up Trump-hit wind project

Ørsted shares tumbled by a third on Monday after the world’s largest offshore wind developer announced plans to raise DKr60bn ...
E&E News1d

Ørsted scrambles for cash in face of Trump opposition

The Danish energy giant saw its shares tumble Monday after it announced a high-stakes plan to help fund a New York offshore ...

Ørsted A/S (DNNGY) Q2 2025 Earnings Call Transcript

Q2 2025 Earnings Call August 11, 2025 8:00 AM ETCompany ParticipantsRasmus Errboe - CEO, Chief Commercial Officer & ...
OilPrice.com2d

Ørsted Seeks $9.4 Billion Lifeline Amid Market Turmoil

The world’s biggest offshore wind project developer, Orsted, plans a $9.4 billion (60 billion Danish crowns) rights issue to ...

This Giant Wind Farm Developer Is Facing a Trump-Fueled Perfect Storm

Monday, after the wind-power giant said it needed to raise billions of dollars from shareholders following President Trump’s ...

Even a giant capital increase will not clear Ørsted’s storm clouds

The Danish group has little choice but to pursue a rights issue given its Sunrise Wind project has run into a Trump-shaped obstacle ...
Isle of Man Today1d

Isle of Man's first offshore windfarm could 'pump £2 billion' into Manx economy

It would be the first offshore wind farm in Manx territorial waters, which extend to 12 nautical miles from the coastline.
app.com1y

Ørsted promised jobs, but canceled wind projects. What's next?

Ørsted Americas CEO David Hardy blamed "high inflation, rising interest rates and supply chain bottlenecks" for the decision. "We have no choice but to cease development of Ocean Wind 1 and Ocean ...

Ørsted: ROICs Seem To Be Getting Compressed

While the figures above should be taken with a grain of salt, the point is that the ROICs in the business are contracting, ...