COPENHAGEN (Reuters) -Offshore wind developer Orsted won shareholder approval on Friday for a $9.4 billion emergency rights issue to help fund U.S. projects thrown into uncertainty by President Donald ...

Norwegian energy group Equinor on Monday pledged to support Denmark's Orsted with almost $1 billion of fresh capital. The gesture seems to be a significant show of confidence in the embattled offshore ...

A US judge ruled Orsted A/S can resume building a wind farm project off the coast of Rhode Island while it challenges the ...

Danish developer reduced its 2030 global renewable energy capacity goal from 50 GW to 35-38 GW as it announced its exit from some markets. Having suffered what it said were "significant" financial ...

(Bloomberg) -- Orsted A/S’s debt was downgraded by S&P Global Ratings to the lowest tier of investment grade, surprising some analysts days after the Danish wind turbine maker announced a $9 billion ...

Rhode Island, Connecticut and an Orsted-backed wind farm venture are suing the Trump administration in an effort to revive construction of an almost-finished offshore project meant to provide power to ...

Mads Nipper, the CEO of Danish renewable energy company Orsted, is stepping down as pressure mounts following weak financial results and the return of President Donald Trump to office. He’ll be ...

Oct. 9 (UPI) --The offshore wind farm company Orsted announced Thursday it plans to cut its workforce by roughly one-quarter by the end of 2027 as it redirects its business toward Europe and Asia.

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 ...

Chris Hughes is a Bloomberg Opinion columnist covering deals. Previously, he worked for Reuters Breakingviews, the Financial Times and the Independent newspaper. When US companies want to sell a large ...

Orsted A/S shares touched the highest since August last year — when the Danish wind giant warned of a $2.3 billion hit to its US portfolio — highlighting how the company is recovering from the crisis.

Orsted ORSTED-1.00%decrease; red down pointing triangle maintained its full-year guidance as a jump in offshore generation helped drive a rise in first-quarter earnings. The Danish renewable-energy ...