News

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 ...

Wind farm would boost economy by £2bn, firm claims

A proposed new wind farm off the east coast of the Isle of Man could generate £2 billion for the island's economy over its 35 ...

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 ...
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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 ...

Ørsted plunges on $9.4B rights issue proposal, surrender of U.S. wind project sale

Ørsted ( OTCPK:DNNGY) -28.7% in Copenhagen trading Monday, near an all-time low, after the wind farm developer ended plans to ...

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 ...
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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.

Denmark Says There Is Security-Policy Dimension to $4.7 Billion Orsted Investment

The Danish state has committed to invest over $4.68 billion in Orsted as the company aids the country's energy-security ambitions, while remaining an important driver of the clean-energy transition.