Ørsted Completes $8.8B Recap as CEO Shifts Focus Toward Europe Amid U.S. Headwinds
Danish offshore wind giant Ørsted has completed a major financial restructuring in the third quarter of 2025, raising DKK 60 billion ($8.8 billion) through a
Danish offshore wind giant Ørsted has completed a major financial restructuring in the third quarter of 2025, raising DKK 60 billion ($8.8 billion) through a
Funds managed by Apollo Global Management Inc. agreed to invest $6.5 billion in Orsted A/S’s Hornsea 3, the UK offshore wind project that’s among the
Call it the quiet surrender. Ørsted, an oil giant that once had a market cap greater than BP, then pivoted from oil and gas into offshore wind with swagger,
By William Mathis and Pablo Mayo Cerqueiro (Bloomberg) — Orsted A/S raised 60 billion Danish kroner ($9.4 billion) through a rights
COPENHAGEN, Sept 24 (Reuters) – Denmark’s Orsted said on Wednesday it had resumed work on a U.S. offshore wind project after a federal judge on
A federal judge on Monday granted a request by Danish offshore wind developer Orsted to restart work on the nearly finished Revolution Wind project, which
A federal judge on Monday will consider a request by Danish offshore wind developer Orsted ORSTED.CO to restart work on the nearly finished Revolution Wind
The Trump administration asked a judge to deny a request by an Orsted A/S-backed wind farm venture to let it resume construction during a lawsuit challenging a
Offshore wind developer Orsted ORSTED.CO won shareholder approval on Friday for a $9.4 billion emergency rights issue to help fund U.S. projects thrown
Rhode Island, Connecticut and an Orsted A/S-backed wind farm venture are suing the Trump administration in an effort to revive construction of an
Denmark's Orsted and its joint venture partner Skyborn Renewables have filed a lawsuit against the Trump administration, alleging its decision to block
Equinor has announced its support for Ørsted’s $9.39 billion rights issue, committing to maintain its 10% ownership stake in the Danish offshore wind
By Jennifer A. Dlouhy Aug 29, 2025 (Bloomberg) –The White House is touting President Donald Trump’s commitment to US workers in the run-up to
By Georgia Hall (Bloomberg) — Connecticut Governor Ned Lamont vowed to work with the Trump administration to restart construction on a major offshore
COPENHAGEN, Aug 25 (Reuters) – Shares in Orsted plunged 17% on Monday after the U.S. halted the Danish company’s Revolution Wind project off
The U.S. Department of the Interior’s Bureau of Ocean Energy Management (BOEM) has ordered Ørsted’s Revolution Wind project to halt all offshore
By Nichola Groom Aug 22 (Reuters) – The Trump administration on Friday ordered Denmark’s Orsted ORSTED.CO to stop far-advanced
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
Shares in Orsted plunged to a record low on Monday as the wind farm developer asked shareholders for $9.4 billion to help fund a U.S. project, after potential
Danish energy company Ørsted has successfully secured financial close on a TWD 90 billion (approximately USD 3 billion) project finance package for its 632 MW
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