Denmark's Orsted raises $9.35 billion in share issue

Orsted’s $9 Billion Cash Haul Lifts Wind From the Abyss

A turnaround in the Danish wind giant’s fortunes may foreshadow a shift in the broader industry.

Orsted Raises $9.4 Billion in Heavily-Discounted Rights Issue

Danish offshore wind giant Orsted has raised $9.4 billion by selling new shares to existing stockholders at a steeply discounted price. With 99 perce...

Danish energy player Ørsted raises $9.35bn in discounted share issue

As the Trump administration plays havoc with the wind industry in the US, Denmark’s Orsted has raised $9.35bn to shore up its finances. Read more: Danish energy player Ørsted raises $9.35bn in discounted share issue

Ørsted Raises $9.3 Billion in Discounted Share Sale Backed by Danish State

Ørsted has completed its widely publicized rights issue at a heavily discounted price, raising the target amount of 59.56 billion crowns, equal to some $9.35 billion. According to the company, 99.3% of the issue was subscribed for by existing and new shareholders, but of that total, the Danish state subscribed for just over 50%. Ørsted also said that orders for additional shares will be filled by the allocation of an additional 22,446 shares, on…

Danish offshore wind developer Orsted raises $9.35B in share sale (DNNGY:OTCMKTS)

Danish offshore wind developer Ørsted A/S (DNNGY) has completed a DKK 59.56 billion ($9.35 billion) rights issue, with 99.3% of new shares subscribed, it said on Monday.

Denmark's Orsted raises $9.35 billion in share issue

Danish offshore wind developer Orsted has raised 59.56 billion Danish crowns ($9.35 billion) in a heavily discounted share issue, shoring up finances as Trump administration opposition has caused uncertainty for its US projects.