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 ...

Mads Nipper, the CEO of Danish renewable energy company Orsted, is stepping down as pressure mounts following weak financial results and the return of President Donald Trump to office. He’ll be ...

We confirm our DKK 460 fair value estimate for no-moat Orsted after attending a breakfast meeting with the new CEO Rasmus Errboe in London and CFO Trond Westlie. Some uncertainties persist for the ...

With 9.9 gigawatts of gross offshore wind capacity and 5.3 GW of net capacity at the end of 2024, Orsted is the leader in offshore wind, an industry that it pioneered in the 1990s. With around 80% ...

Ørsted had a strong 2024 with more than $3 billion in EBITDA along with cash flow from net reversal of cancellation fees. Still, while the company managed to achieve a double-digit ROCE, it faced ...

COPENHAGEN: Orsted A/S recorded a 12.1 billion-krone hit on its earnings as the costs of offshore wind farms, particularly in the United States, keep rising. The setback is the latest in a long ...

In a report released today, Mark Freshney from UBS maintained a Buy rating on Orsted (DOGEF – Research Report), with a price target of DKK420.00. The company’s shares closed yesterday at $44.06.

Orsted’s new CEO Rasmus Errboe has bought almost $83,000 worth of shares in the global renewable energy giant. Errboe – who took the top job at Orsted on 31 January after it parted company with former ...

DANISH power company Orsted scooped the corporate green bond of the year award with its first entry into the GBP (£) market since 2012. The deal was comprised of three tranches, raising a combined ...