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Ørsted announces $9.3bn rights issue to fund offshore wind projects
Denmark-based offshore wind power developer Ørsted has announced a DKr60bn ($9.3bn) rights issue to enhance its capital structure and offer financial flexibility, ensuring adequate capitalisation from 2025 to 2027. The rights issue was announced following the recent significant adverse development in the US offshore wind market.
More than £4bn was wiped off the value of the world’s biggest offshore wind farm developer after Donald Trump declared war on ...
The Danish group has little choice but to pursue a rights issue given its Sunrise Wind project has run into a Trump-shaped obstacle ...
Ørsted is planning a Dkr60bn (€8bn) rights issue, the Danish energy company announced on Monday. Morgan Stanley will fully ...
It would be the first offshore wind farm in Manx territorial waters, which extend to 12 nautical miles from the coastline.
The world’s biggest offshore wind project developer, Orsted, plans a $9.4 billion (60 billion Danish crowns) rights issue to ...
Monday, after the wind-power giant said it needed to raise billions of dollars from shareholders following President Trump’s ...
The company said the rights issue is intended to enhance the value of Ørsted’s portfolio by covering the incremental funding ...
Danish offshore wind power group Ørsted said on Monday it was planning to raise 60 billion kroner ($9.4 billion) by selling ...
The Danish government moved Monday to contribute half of a new $9.4 billion rights issue for beleaguered wind energy ...
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