Long dependent on fossil fuels before emerging a champion of offshore wind power, Danish company Orsted is now struggling to restore its business after dropping several major projects. Orsted was ...

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COPENHAGEN, Jan 20 (Reuters) - Offshore wind developer Orsted (ORSTED.CO), opens new tab on Monday posted an impairment charge of 12.1 billion Danish crowns ($1.69 billion) in the fourth quarter ...

Danish developer Orsted took a total DKr12.1bn ($1.68bn) impairment in the fourth quarter 2024 due to stubbornly high US interest rates, supply chain turmoil in its Sunrise Wind array, and plummeting ...

Bernstein analyst Deepa Venkateswaran maintained a Buy rating on Orsted (DOGEF – Research Report) yesterday and set a price target of DKK540.00. The company’s shares closed last Friday at $43.10.

Orsted recorded a 12.1 billion-krone ($1.7-billion) hit on its earnings as the costs of offshore wind farms, particularly in the U.S., keep rising. The setback is the latest in a long series of ...

Orsted has installed the last turbine at its 913MW Borkum Riffgrund 3 wind farm in the North Sea, the first zero-subsidy offshore array built in Germany and the nation's largest wind farm constructed ...

Ørsted Global Media Relations Tom Christiansen +45 99 55 60 17 [email protected] Investor Relations The Ørsted vision is a world that runs entirely on green energy. Ørsted develops, constructs ...