News

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 ...
Renewable Energy World1d

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.

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 ...
The Local - Denmark1d

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 ...

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 ...
Recharge1d

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 ...

Energy firm Orsted weighs up to 5 billion euros rights issue, Bloomberg News reports

Danish energy firm Orsted is considering raising as much as 5 billion euros ($5.83 billion) from a rights offering to shore ...