Long dependent on fossil fuels before emerging a champion of offshore wind power, Danish company Orsted is now struggling to restore its business after dropping several major projects. Orsted was ...
COPENHAGEN, Jan 20 (Reuters) - Offshore wind developer Orsted (ORSTED.CO), opens new tab on Monday posted an impairment charge of 12.1 billion Danish crowns ($1.69 billion) in the fourth quarter ...
Danish developer Orsted took a total DKr12.1bn ($1.68bn) impairment in the fourth quarter 2024 due to stubbornly high US interest rates, supply chain turmoil in its Sunrise Wind array, and plummeting ...
Bernstein analyst Deepa Venkateswaran maintained a Buy rating on Orsted (DOGEF – Research Report) yesterday and set a price target of DKK540.00. The company’s shares closed last Friday at $43.10.
Orsted has installed the last turbine at its 913MW Borkum Riffgrund 3 wind farm in the North Sea, the first zero-subsidy offshore array built in Germany and the nation's largest wind farm constructed ...
Orsted recorded a 12.1 billion-krone ($1.7-billion) hit on its earnings as the costs of offshore wind farms, particularly in the U.S., keep rising. The setback is the latest in a long series of ...
Ørsted Global Media Relations Tom Christiansen +45 99 55 60 17 [email protected] Investor Relations The Ørsted vision is a world that runs entirely on green energy. Ørsted develops, constructs ...
DANISH power company Orsted scooped the corporate green bond of the year award with its first entry into the GBP (£) market since 2012. The deal was comprised of three tranches, raising a combined ...