The revision by BofA Securities comes as Orsted shifts its focus towards the completion of ongoing projects and improving its capital structure to sustain a robust investment grade credit rating.

Renewable energy company Orsted said on Thursday it had appointed Rasmus Errboe as deputy CEO and chief commercial officer, as part of a revamp of its executive management structure.

Orsted ORSTED 0.45% cut its investment program to 2030 by 25% despite posting full-year results it said are in line with expectations. The Danish group energy group said Wednesday that 2024 Ebitda ...

Renewable energy group Orsted will invest 475 billion Danish crowns ($68 billion) to achieve a 2030 goal to install 50 gigawatts (GW) of power capacity, it said in an investor update on Thursday.

Orsted A/S said it’s prepared to walk away from US projects unless the White House guarantees more support, highlighting the myriad challenges facing wind-energy developers in the country.

DJ Ørsted adjusts its business plan to strengthen the capital structure through a disciplined, value-focused capital allocation with a reduced investment programme Ørsted A/S (Orsted) Ørsted ...

The new CEO earlier in February slashed investment plans by 25% and further reduced Orsted’s renewable energy targets to underpin a capital structure able to support “a solid investment grade credit ...

As part of the new management structure, Ørsted establishes a new Commercial organisation under Rasmus Errboe, who is appointed Deputy CEO and Chief Commercial Officer (CCO).

The federal government has given the go-ahead for New Jersey's first offshore wind farm to begin construction.

Orsted is well-positioned to benefit from massive offshore wind expansion in the next decade. Read more to see why the stock is a Buy.