Shares in Orsted plunged to a record low on Monday as the wind farm developer asked shareholders for $9.4 billion to help ...

Danish renewables giant suffering from 'impossible' political environment caused by Trump but could have pulled on different ...

Danish energy giant Orsted abandons partner strategy, to fund Sunrise Wind project alone by raising $9.4 billion to cover ...

Orsted cited a "material adverse development" in the U.S. market as driving its decisions. Orsted shares crashed 30% on ...

While the figures above should be taken with a grain of salt, the point is that the ROICs in the business are contracting, ...

Shares of the Danish renewable energy developer tumbled after it said it would issue more stock to raise funds instead of ...

Orsted A/S said it will conduct a rights issue to raise as much as 60 billion Danish kroner ($9.4 billion).

Denmark's Orsted on Monday asked its shareholders for 60 billion crowns ($9.4 billion), sending the stock sharply lower as ...

Shares of wind turbine maker Orsted lost as much as 29% as the company announced it’ll sell 60 billion Danish kroner ($9.3 ...

The rights issue was announced following recent significant adverse developments in the US offshore wind market.

The plan by Denmark’s Orsted A/S to sell more than $9 billion of shares is being seen by one hedge fund boss as an invitation to short the stock.

The Danish energy giant saw its shares tumble Monday after it announced a high-stakes plan to help fund a New York offshore ...