The rights issue was announced following recent significant adverse developments in the US offshore wind market.

Ørsted ( OTCPK:DNNGY) -28.7% in Copenhagen trading Monday, near an all-time low, after the wind farm developer ended plans to ...

The 46-year-old Dane was promoted to the top job at Ørsted at the end of January and shortly after slashed its investment ...

The Danish energy giant saw its shares tumble Monday after it announced a high-stakes plan to help fund a New York offshore ...

Board of Directors has elected to end its planned partial divestment of a wind project off the coast of New York.

The world’s biggest offshore wind project developer, Orsted, plans a $9.4 billion (60 billion Danish crowns) rights issue to ...

While the figures above should be taken with a grain of salt, the point is that the ROICs in the business are contracting, ...

The most serious of these, of course, is what the company diplomatically referred to a “recent material adverse developments ...

Major wind companies, including Ørsted and Equinor, are reassessing U.S. investments amid heightened political and financial ...

The green fairy tale now seems to be unraveling faster than a faulty wind turbine blade in a Nantucket storm. On Monday, Aug. 11, 2025, Danish offshore […] ...

The green fairy tale now seems to be unraveling faster than a faulty wind turbine blade in a Nantucket storm.

Ørsted Americas CEO David Hardy blamed "high inflation, rising interest rates and supply chain bottlenecks" for the decision. "We have no choice but to cease development of Ocean Wind 1 and Ocean ...