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 ...

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

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

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

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

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

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

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 ...