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The plan by Denmark’s Orsted A/S to sell more than $9 billion of shares is being seen by one hedge fund boss as an invitation to short the stock.
While the figures above should be taken with a grain of salt, the point is that the ROICs in the business are contracting, ...
The upcoming Trump-Putin meeting is sparking speculation over a potential deal that could ease sanctions and reshape oil ...
Orsted plans to raise $9.4B for its US wind project amidst financial and political challenges. #Orsted #WindPower ...
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 ...
Management of Orsted A/S failed to convince analysts and investors that the company is at a turning point after losing nearly one third of its value from announcing it would sell shares.
Danish energy giant Orsted abandons partner strategy, to fund Sunrise Wind project alone by raising $9.4 billion to cover ...
Energy & Environment Energy & Environment   The Big Story EPA unilaterally dissolves contract, union says The Environmental ...
The Danish government moved Monday to contribute half of a new $9.4 billion rights issue for beleaguered wind energy ...
Shares in Orsted  plunged to a record low on Monday as the wind farm developer asked shareholders for $9.4 billion to help ...
The Danish group has little choice but to pursue a rights issue given its Sunrise Wind project has run into a Trump-shaped obstacle ...