Shares in Orsted sank more than 27% on Monday, nearing an all-time low, after the Danish renewable-energy group scrapped plans to sell a stake in a key US offshore wind project and announced a $9.4 ...

Orsted A/S shares fell as much as 19% to hit a record low after the Trump administration blocked construction of an almost-finished offshore wind farm, throwing a wrench into the Danish company’s ...

COPENHAGEN (Reuters) -Danish offshore wind developer Orsted cut its 2025 profit outlook on Friday, just hours before it is poised to secure shareholder approval for a $9.4 billion emergency rights ...

Shares of Orsted, the world's largest offshore wind developer, plummeted on Monday morning after a surprise rights issue. The company said the move was being made after its Board of Directors decided ...

Orsted, a Danish offshore wind developer, said Monday that it priced its $9.42-billion rights issue at $66.6 crowns per share ($10.46), representing a discount of 66.7% to the closing price of ...

"Orsted and our industry are in an extraordinary situation with the adverse market development in the U.S. on top of the past years’ macroeconomic and supply chain challenges," said CEO Rasmus Errboe.

Sunrise Wind Project Partners Gather for Commemorative Event at Port of Coeymans Ørsted develops, constructs, and operates offshore and onshore wind farms, solar farms, energy storage facilities, and ...

The developers of the Revolution Wind offshore wind farm sued the Trump administration Thursday over a stop-work order that has stalled the project. Meanwhile, a Wall Street ratings agency issued a ...

The Trump administration’s order to halt construction of the nearly completed Revolution Wind offshore wind farm has injected new uncertainty into an already shellshocked U.S. industry, and heightened ...

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.