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 ...

Orsted cut its investment program to 2030 by 25% despite posting full-year results it said are in line with expectations. The Danish group energy group said Wednesday that 2024 Ebitda excluding ...

When Rasmus Errboe arrived at what was still called Dong Energy in July 2012, the group was still an oil & gas business and the name Orsted solely referred to Hans Christian, the Danish scientist.

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 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 ...

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 ...

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 ...

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.

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 ...

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 ...