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 ...

(Bloomberg) -- Orsted A/S shares slumped after it recorded a $1.7 billion hit on its earnings as the cost of building offshore wind farms in the US keeps rising, complicating the company’s ...

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.

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 ...

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COPENHAGEN (Reuters) - Shares in the world's largest developer of offshore wind Orsted plunged 17% on Tuesday after warning late on Monday of higher costs and delays to a crucial U.S. offshore project ...

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 ...

Why do the nations rage and the peoples plot in vain? The kings of the earth set themselves, and the rulers take counsel together, against the Lord and against his ...

The biggest decliner, Denmark's Orsted, which plunged 17%, came under further strain from impairments on its U.S. ventures. The global offshore wind industry, which initially boomed, has been ...