Shares of the Danish renewable energy developer tumbled after it said it would issue more stock to raise funds instead of ...

Shares in Orsted plunged to a record low on Monday as the wind farm developer asked shareholders for $9.4 billion to help ...

Denmark’s plan to inject billions of dollars into the offshore wind giant Orsted has sparked political backlash. Taxpayers ...

Danish energy giant Orsted abandons partner strategy, to fund Sunrise Wind project alone by raising $9.4 billion to cover ...

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

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

The $20 bln Danish wind group’s shares sank amid a $9 bln rights issue linked to an ailing US project. Political turmoil is ...

Shares of wind turbine maker Orsted lost as much as 29% as the company announced it’ll sell 60 billion Danish kroner ($9.3 ...

The decision to stop the sale comes after developments in the U.S. wind market disrupted the renewable-energy company’s asset ...

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

Orsted A/S said it will conduct a rights issue to raise as much as 60 billion Danish kroner ($9.4 billion).

Denmark's Orsted on Monday asked its shareholders for 60 billion crowns ($9.4 billion), sending the stock sharply lower as ...