The Danish energy giant saw its shares tumble Monday after it announced a high-stakes plan to help fund a New York offshore wind project. President Donald Trump torpedoed the business model of the ...
Faced with numerous headwinds, Ørsted will slash its workforce numbers by 2,000 by 2027, eliminating a quarter of its current roles, the world’s largest offshore wind developer said on Thursday. Fresh ...
Ørsted A/S has successfully completed a DKK 59.6 billion ($8.6 billion) rights issue, with 99.3% of new shares subscribed, reinforcing the company’s financial position as it pursues a major offshore ...
Ørsted has lowered its guidance range for core earnings for 2025, due to lower wind speeds across the portfolio and a delay of a construction project in Taiwan, as the world’s biggest offshore wind ...
Ørsted ADR has surged, but this is not mirrored by the native Copenhagen-listed shares, revealing a disconnect in valuations. Recent gains in DNNGY are driven by efficiency measures, a major rights ...
A Q&A with Ørsted Americas CEO David Hardy. It has been a hard year for Ørsted. High interest rates and supply chain bottlenecks have rocked the world’s largest offshore wind developer. Earlier this ...
Through the partnership with Stonepeak, Ørsted will recycle capital to support its business plan and future value-creating renewable energy projects. NEW YORK--(BUSINESS WIRE)--Ørsted has signed a ...
Last year, offshore wind energy company Ørsted announced it would set up shop in the state’s largest city. Now, we know where. The firm behind the 1,100-megawatt Ocean Wind project off the coast of ...