News

Orsted plunges as it seeks $9.4 billion to cope with Trump's hostility to wind power

Shares in Orsted plunged to a record low on Monday as the wind farm developer asked shareholders for $9.4 billion to help ...

Denmark Injects Billions Into Orsted, Sparking Political Backlash

Denmark’s plan to inject billions of dollars into the offshore wind giant Orsted has sparked political backlash. Taxpayers ...

Hedge Fund Boss Says Orsted Share Sale Is ‘Invitation’ to Short

The plan by Denmark’s Orsted A/S to sell more than $9 billion of shares is being seen by one hedge fund boss as an invitation to short the stock.
The Local - Denmark2d

Danish wind giant Ørsted seeks to raise capital after US setbacks

Danish offshore wind power group Ørsted said on Monday it was planning to raise 60 billion kroner ($9.4 billion) by selling ...

Denmark's Orsted plans to raise $9.4 billion in rights issue

Danish wind farm developer Orsted said on Monday it plans a 60 billion crowns ($9.4 billion) rights issue, citing adverse ...

Denmark Says There Is Security-Policy Dimension to $4.7 Billion Orsted Investment

The Danish state has committed to invest over $4.68 billion in Orsted as the company aids the country's energy-security ambitions, while remaining an important driver of the clean-energy transition.
Power Technology on MSN1d

Ørsted announces $9.3bn rights issue to fund offshore wind projects

Denmark-based offshore wind power developer Ørsted has announced a DKr60bn ($9.3bn) rights issue to enhance its capital ...