Orsted shares slumped after the U.S. government issued a stop-work order on a key offshore wind project off the Rhode Island coast, the latest setback for the Danish energy group in the face of ...

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 ...

Offshore wind developer Orsted won shareholder approval on Friday for a US$9.4-billion emergency rights issue to help fund U.S. projects thrown into uncertainty by President Donald Trump’s opposition ...

Danish energy giant Orsted has abandoned a strategy of seeking partners to share the cost of Sunrise Wind, the project being built off the New England coast to supply energy to more than 600,000 Long ...

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 ...

COPENHAGEN (Reuters) -Danish wind farm developer Orsted cut its operating profit outlook for 2025 on Friday, shortly before shareholders were set to vote on a crucial capital raise as the company ...

Orsted ORSTED4.57%increase; green up pointing triangle booked a loss over the most recent quarter, which was hit by a stoppage to a major U.S. wind project, but said it remains confident of reaching ...

Orsted, the Danish renewable energy developer, said Thursday that it would cut about 2,000 jobs, or around 25 percent of its workforce, over the next two years. The move was the latest sign of the ...