COPENHAGEN - Danish energy company Ørsted A/S announced adjustments to its business strategy with a reduced investment program aimed at strengthening its capital structure. The company's board ...

Danish energy company Ørsted has announced a 25% reduction in its investment programme up to 2030, despite the company's full-year results meeting expectations. The company attributed the ...

Ørsted plans a DKr210bn ($29.1bn) to Dkr230bn investment programme from 2024 to 2030. Credit: T. Schneider/Shutterstock. Danish energy company Ørsted has announced a 25% reduction in its investment ...

If approved, the project could come online as soon as 2030. Image: American Public Power Association via Unsplash. International renewable energy developer Ørsted has announced proposals for a 320MW ...

Ørsted (OTCPK:DNNGY) said Friday that CEO Mads Nipper will step down effective February 1, to be replaced by current deputy chief executive and chief commercial officer Rasmus Errboe. Erboe, who ...

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DJ Ørsted to present its annual report for 2024 on February 6 Ørsted A/S (Orsted) Ørsted to present its annual report for 2024 on February 6 30-Jan-2025 / 17:04 CET/CEST ...

Danish energy company Ørsted (OTCPK:DNNGY) reported an impairment of DKK 12.1B (~$1.7 billion) for Q4, primarily due to challenges in its U.S. offshore wind projects. The setback is attributed to ...

Mads Nipper, who has led the energy giant overseeing the Revolution Wind project since January 2021, will be replaced by the current deputy CEO and chief commercial officer. The CEO of Danish ...

In a recent interview with Recharge, Trond Westlie, Ørsted’s Chief Financial Officer, emphasized that the current market for offshore wind assets favors buyers. He noted that selling stakes in ...

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Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Ørsted is slashing investment and dropping its targets for developing new renewable energy as part of a ...