Danish offshore wind giant Orsted faced a fresh stock market hammering on Tuesday after the group announced a new billion-dollar impairment charge on the same day its foe Donald Trump ascended to ...

Orsted’s departing CEO Mads Nipper was dealt bad cards but ultimately has himself to blame for poor decision making over the Danish developer’s US offshore wind expansion, say analysts, who point to a ...

Mads Nipper to step down as CEO Deputy CEO Errboe takes the helm with immediate effect Shares are down 83% from 2021 peak Orsted has been hit by soaring costs and impairments COPENHAGEN ...

(Bloomberg) -- Orsted A/S recorded a 12.1 billion-krone ($1.7-billion) hit on its earnings as the costs of offshore wind farms, particularly in the US, keep rising. The setback is the latest in a ...

Orsted ORSTED0.48%increase; green up pointing triangle shares sank to the bottom of the Stoxx Europe 600 index Tuesday after the company announced a $1.7 billion fourth-quarter impairment amid ...

When Rasmus Errboe arrived at what was still called Dong Energy in July 2012, the group was still an oil & gas business and the name Orsted solely referred to Hans Christian, the Danish scientist.

Offshore wind giant Orsted has dumped its chief executive as it looks to reverse the 80 per cent collapse in its share price that he oversaw. Orsted, which operates 12 wind farms in the UK ...