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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’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 ...
Company says US portfolio has led to pressure on credit metrics Sees 2026 EBITDA of $4.05 bln-$4.61 bln, excluding partnerships Feb 5 (Reuters) - Denmark's Orsted (ORSTED.CO), opens new tab has ...
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 ...
(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 ...
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 ...
Finance chief confirmed Danish developer plans to sell off stake this year in UK Hornsea 3 array, one of the world’s largest wind projects Selling stakes in offshore wind assets remains crucial to ...
In a report released today, Jenny Ping from Citi maintained a Hold rating on Orsted (DOGEF – Research Report), with a price target of DKK300.00. The company’s shares closed yesterday at $41.00.
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 ...
Poland's PGE and Denmark's Orsted have taken the final decision to build Baltica 2, a 1.5-gigawatt offshore wind farm on Poland's Northwestern coast, the companies said on Wednesday. Both ...
Orsted announced a $1.68 billion impairment charge on its US offshore wind projects due to rising interest rates, seabed lease issues, and delays in the Sunrise Wind project. President Trump's ...