Tag:

Orsted

Orsted shares jump as Revolution Wind project gets US greenlight

Shares of Danish offshore wind developer Orsted rose 5.1% on Tuesday after a U.S. court cleared the company to resume work on its nearly completed Revolution Wind project, easing concerns over potential financial losses.

13 Jan 2026-12:14
Danish wind giant Orsted to slash 25% of workforce

Danish offshore wind energy leader Orsted announced on Thursday that it will reduce its workforce by 2,000 employees, representing a quarter of its staff, by 2027.

09 Oct 2025-17:25
Orsted wins shareholder backing for $9.4B rights issue as Trump targets U.S. projects

Danish offshore wind giant Orsted has secured shareholder approval for a $9.4 billion emergency rights issue to avert a crippling credit downgrade, as the Trump administration threatens its key U.S. projects.

05 Sep 2025-15:59
Denmark’s Orsted seeks $9.4 billion amid U.S. wind market challenges

Danish offshore wind developer Orsted has announced a rights issue worth 60 billion Danish crowns ($9.4 billion), causing its shares to drop nearly 30% to a nine-year low. The fundraising aims to bolster Orsted’s finances amid ongoing struggles in the U.S. wind market, where opposition from President Donald Trump has created significant uncertainty.

11 Aug 2025-13:44