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 ...
Sunrise Wind, also off New York's coast, is expected to come online in 2027, but its future is less certain under Trump's policies. In Maryland, Orsted has also proposed Skipjack Wind about 20 miles ...
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 ...
COPENHAGEN (Reuters) -Shares in Orsted slid 17% on Monday after the U.S. halted the Danish company's Revolution Wind project off Rhode Island, adding to concerns about the future of the U.S. offshore ...
COPENHAGEN (Reuters) -Orsted shares rose on Tuesday after a U.S. federal judge ruled it could resume work on an almost completed offshore wind project in the United States, delivering a win for an ...
Orsted shares plunged to a new record low on Monday. Wind-turbine operator Orsted suffered its second catastrophic day in the stock market this month, skidding to a new record low on Monday after the ...
Orsted A/S raced to reassure investors over a proposed $9.4 billion share sale, saying it will go ahead as planned and cushion the beleaguered Danish wind giant against any worst-case scenario. Top ...
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 ...
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 ...
Oct. 9 (UPI) --The offshore wind farm company Orsted announced Thursday it plans to cut its workforce by roughly one-quarter by the end of 2027 as it redirects its business toward Europe and Asia.
A Washington, D.C,. federal district court judge lifted on Sept 22 the Trump administration block to finish construction of the 80% completed 704-MW Revolution Wind offshore wind project 15 miles from ...
US ruling offers temporary relieve for Orsted Risk of credit downgrade reduced, analyst say Project was 80% complete at time of work-stop order Orsted incurs weekly cost of $15.7 million for project ...