The renewable energy group cut its investment program to 2030 by 25% despite posting full-year results it said were in line with expectations.

Core profit guidance for 2025 meets analyst expectations Core profit for 2024 matches preliminary figure Shares rise Analysts had feared Orsted might announce a need for new capital COPENHAGEN ...

Denmark's Orsted has decided to cut its 2030 investment program by 25%, the renewable energy firm said on Wednesday, as the ...

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 ...

Orsted said Mads Nipper would step down as chief executive on Saturday after four years on the job, with the board appointing 13-year company veteran Rasmus Errboe, the deputy CEO and chief ...

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.

Orsted was in the fossil fuels business as "Danish Oil and Natural Gas" for much of its lifetime. It's renewable energy pivot is hurting in the U.S. now.

Finance chief confirmed Danish developer plans to sell off stake this year in UK Hornsea 3 array, one of the world’s largest wind projects Selling stakes in offshore wind assets remains crucial to ...

Orsted guided for slightly higher earnings this year, a day after it slashed spending plans for the coming few years to shore up its balance sheet. The Danish renewable-energy company announced ...

Danish energy company Orsted, a worldwide leader in offshore wind, has replaced its CEO, who began offshore wind projects in the United States that have mostly stalled.

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 plans ...