The Danish company said the offering would comprise 901 million new shares at a sharp discount to Friday’s closing price.
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Orsted plunges 30% as it plans $9.4 billion rights issue after ‘adverse' turn in U.S. market
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 ...
The latest US$680m tax equity financing for Danish renewables developer Orsted's US projects is one of the largest transactions stemming from the Inflation Reduction Act to adopt a hybrid structure ...
Orsted appointed a consortium of banks to go forward with its rights issue, a move it said would strengthen its capital structure days after a stop-work order on an offshore wind project off the coast ...
Shares of wind turbine maker Orsted lost as much as 29% as the company announced it’ll sell 60 billion Danish kroner ($9.3 billion) in stock in an offer underwritten by the Danish government. Denmark, ...
Orsted ORSTED6.90%increase; green up pointing triangle outlined the terms of its previously announced rights issue as it seeks to raise around $9.4 billion in fresh funds to continue its offshore wind ...
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