The Danish company is behind many of the UK’s offshore wind farms but has struggled with rising costs in other countries.

COPENHAGEN (Reuters) -Orsted, the world's biggest offshore wind power developer, said on Thursday it expected core profit this year to be equal to, or above 2024, a day after cutting investment ...

When Rasmus Errboe arrived at what was still called Dong Energy in July 2012, the group was still an oil & gas business and the name Orsted solely referred to Hans Christian, the Danish scientist.

Orsted’s departing CEO Mads Nipper was dealt bad cards but ultimately has himself to blame for poor decision making over the Danish developer’s US offshore wind expansion, say analysts, who point to a ...

(Bloomberg) -- Mads Nipper will step down as chief executive officer of Danish wind developer Orsted A/S after a series of huge writedowns over the past few years on both sides of the Atlantic and ...

Orsted ORSTED-0.53%decrease; red down pointing triangle guided for slightly higher earnings this year, a day after it slashed spending plans for the coming few years to shore up its balance sheet ...

Orsted cut its investment program to 2030 by 25% despite posting full-year results it said are in line with expectations. The Danish group energy group said Wednesday that 2024 Ebitda excluding ...

Offshore wind giant Orsted has dumped its chief executive as it looks to reverse the 80 per cent collapse in its share price that he oversaw. Orsted, which operates 12 wind farms in the UK ...

Morgan Stanley lowered the firm’s price target on Orsted (DNNGY) to DKK 370 from DKK 400 and keeps an Equal Weight rating on the shares. Published first on TheFly – the ultimate source for ...

Core profit guidance for 2025 meets analyst expectations Core profit for 2024 matches preliminary figure Shares rise Analysts had feared Orsted might announce a need for new capital COPENHAGEN ...