(Bloomberg) -- Orsted A/S shares slumped after it recorded a $1.7 billion hit on its earnings as the cost of building offshore wind farms in the US keeps rising, complicating the company’s ...

With 8.9 gigawatts of gross offshore wind capacity and 5 GW of net capacity at the end of 2023, Orsted is the leader in offshore wind, an industry that it pioneered in the 1990s. With around 75% ...

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 ...

Share price of Danish renewables champion has taken a kicking in recent months through combination of Trump attacks, inflation and supply chain issues Orsted has suffered a recurrence of its “American ...

Denmark's struggling offshore wind power group Orsted said Friday it was replacing its CEO with his deputy as the sector faces an "increasingly challenging situation". Orsted said Mads Nipper ...

Investing.com -- Moody's (NYSE:MCO) Ratings has downgraded the long-term issuer rating, the senior unsecured ratings, and the backed senior unsecured ratings of Orsted (CSE:ORSTED) A/S from Baa1 ...