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Orsted Raises $9.4 Billion to Counter Hit From US U-Turn on Wind

Orsted A/S raised 60 billion Danish kroner ($9.4 billion) through a rights offering that’s critical for the company to tackle the downturn facing the wind power industry.

8 Articles

The Local - Dk

Lean Left

Danish wind giant Ørsted raises 60 billion kroner by issuing shares

Danish wind giant Ørsted says it has raised 60 billion kroner (USD 9.4 billion) in a rights issue aimed at bolstering the company.

1 day ago·Denmark

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Bloomberg

Lean Left

Orsted Raises $9.4 Billion to Counter Hit From US U-Turn on Wind

Orsted A/S raised 60 billion Danish kroner ($9.4 billion) through a rights offering that’s critical for the company to tackle the downturn facing the wind power industry.

2 days ago·United States

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borsen.dk

Investors: How Ørsted Can Regain Trust

Investors: How Ørsted can regain trustEurope's largest capital increase to date is over. Ørsted's liquidity has been cushioned by DKK 60 billion, and soon 900 million new shares will be issued.

16 hours ago

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gCaptain

Orsted Raises $9.4 Billion to Offset Hit From US Wind U-Turn

By William Mathis and Pablo Mayo Cerqueiro (Bloomberg) — Orsted A/S raised 60 billion Danish kroner ($9.4 billion) through a rights offering that’s critical for the company to tackle the downturn facing...

17 hours ago

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elperiodicodelaenergia.com

Danish Ørsted Collects 8 Billion Euros Through a Capital Increase

The Danish energy multinational Ørsted states that it has successfully managed to carry out its capital increase of DKr 60 billion (about € 8.04 billion), announced to alleviate the impact of the setback caused by the paralysing construction of the 'Revolution Wind' wind farm in the United States. "The entire offshore wind farms sector in the United States is affected by an extraordinary situation caused by uncertainty about the regulatory frame…

21 hours ago

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Rigzone

Orsted Raises $9.4B amid Troubles under Trump

The fund raise, the biggest for a European energy company in over a decade, will allow the state-backed Danish firm to shore up its balance sheet after the...

1 day ago

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