The rights issue was announced following recent significant adverse developments in the US offshore wind market.

Ørsted ( OTCPK:DNNGY) -28.7% in Copenhagen trading Monday, near an all-time low, after the wind farm developer ended plans to ...

While the figures above should be taken with a grain of salt, the point is that the ROICs in the business are contracting, ...

The Danish energy giant saw its shares tumble Monday after it announced a high-stakes plan to help fund a New York offshore ...

Board of Directors has elected to end its planned partial divestment of a wind project off the coast of New York.

The world’s biggest offshore wind project developer, Orsted, plans a $9.4 billion (60 billion Danish crowns) rights issue to ...

Ørsted is planning a Dkr60bn (€8bn) rights issue, the Danish energy company announced on Monday. Morgan Stanley will fully ...

There was a time when Danish wind farm behemoth Ørsted was the toast of its homeland. Its transition from one of the most ...

Board of Directors has approved the interim report for the first half of 2025, with Rasmus Errboe, Group President and ...

The company said the rights issue is intended to enhance the value of Ørsted’s portfolio by covering the incremental funding ...

It would be the first offshore wind farm in Manx territorial waters, which extend to 12 nautical miles from the coastline.

4. US Republicans are abstaining from alcohol at record levels, as the nationwide drinking rate of Americans plummeted to a nearly 90-year low, according to polling group Gallup. Just 46 per cent of ...