Orsted announced a $1.68 billion impairment charge on its US offshore wind projects due to rising interest rates, seabed lease issues, and delays in the Sunrise Wind project. President Trump's ...

New Orsted CEO Rasmus Errboe hinted at further job cuts beyond up to 800 announced last year as a result of a new strategy shake-up that sees the Danish developer slash new investments and targets.

Baltica 2, which will be located approximately 25 miles (40 kilometers) off the Polish coast near Ustka, is expected to be fully commissioned in 2027, Orsted said in a news release. Baltica 2 has ...

COPENHAGEN (Reuters) -Orsted, the world's biggest offshore wind power developer, said on Thursday it expected core profit this year to be equal to, or above 2024, a day after cutting investment ...

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 ...

(Bloomberg) -- Mads Nipper will step down as chief executive officer of Danish wind developer Orsted A/S after a series of huge writedowns over the past few years on both sides of the Atlantic and ...

In a report released today, Jenny Ping from Citi maintained a Hold rating on Orsted (DOGEF – Research Report), with a price target of DKK300.00. The company’s shares closed yesterday at $41.00.

Morgan Stanley lowered the firm’s price target on Orsted (DNNGY) to DKK 370 from DKK 400 and keeps an Equal Weight rating on the shares. Published first on TheFly – the ultimate source for ...

Investing.com -- Orsted (CSE:ORSTED) A/S has had its credit rating outlook revised to negative from stable at S&P Global, due to substantial impairments of Danish krone (DKK) 12.1 billion expected ...

Adding to the industry-wide gloom, Danish offshore wind developer Orsted revealed impairment charges that exceeded Wall Street analyst expectations. Shares of Orsted plunged as much as 18% in ...

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 ...

If there was one European company that epitomized the black-to-green transition, that took the moral and environmental high ground in the post-Paris Agreement years, it was Orsted. As late as 2009 ...