Norwegian energy group Equinor on Monday pledged to support Denmark's Orsted with almost $1 billion of fresh capital. The gesture seems to be a significant show of confidence in the embattled offshore ...

Orsted on Friday received approval from shareholders for its 60 billion Danish kroner ($9.4 billion) rights issue at an extraordinary general meeting. Investors appeared to welcome the reprieve, with ...

COPENHAGEN (Reuters) -Orsted shares rose on Tuesday after a U.S. federal judge ruled it could resume work on an almost completed offshore wind project in the United States, delivering a win for an ...

The world's largest offshore wind developer will cut a quarter of its global workforce as President Donald Trump pushes back against renewable energy projects in the US. Orsted will slash about 2,000 ...

Ørsted A/S remains a global wind leader but faces multi-year setbacks, project cancellations, and rising debt, making its recovery highly speculative. The company’s failed U.S. expansion, ongoing ...

Orsted A/S will offer new shares at a heavy discount as the offshore wind developer pushes ahead with a $9.4 billion rights offering to shore up its finances after a bet on the US market went wrong.