Orsted ORSTED1.78%increase; green up pointing triangle 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 ...

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 ...

The move comes as Orsted, the Denmark-based developer of Sunrise Wind, detailed a series of setbacks for the Long Island project that will push back its completion date by a year to mid-2027.

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 ...