The Danish wind power developer Orsted is canceling two off-shore wind projects that were planned off the coast of New Jersey and is taking a $4 billion impairment for the first nine months of the ...

We confirm our DKK 460 fair value estimate after no-moat Orsted's CEO Mads Nipper was ousted by his board and replaced by Deputy CEO and Chief Commercial Officer Rasmus Errboe. This reflects sound ...

Mads Nipper, the CEO of Danish renewable energy company Orsted, is stepping down as pressure mounts following weak financial results and the return of President Donald Trump to office. He’ll be ...

Orsted is parting ways with Chief Executive Officer Mads Nipper as the Danish wind energy group grapples with supply-chain bottlenecks, high financing costs and U.S. President Trump’s opposition to ...

Danish renewables giant Orsted on Wednesday announced plans to cut jobs, pause its dividend payouts to shareholders and exit several offshore wind markets after a tumultuous year of rising costs.

Orsted said Mads Nipper is stepping down as chief executive officer as it shifts focus in the face of increasing challenges buffeting the offshore wind industry. Current deputy CEO Rasmus Errboe will ...

The Danish wind developer found contamination on a construction site. It’s the latest setback to offshore wind in the U.S. Danish wind giant Ørsted wrote down the value of a wind farm it’s building in ...

The fate of three offshore wind projects — one to serve Rhode Island — hangs in the balance as Ørsted readies to make an investment decision. A top ratings agency says Ørsted's credit quality is ...

U.S. President Joe Biden's plan to deploy 30,000 megawatts (MW) of offshore wind by 2030 is still possible, although not easy, the CEO of Ørsted, the world's largest offshore wind developer, said on ...

Sept 18 (Reuters) - U.S. President Joe Biden's plan to deploy 30,000 megawatts (MW) of offshore wind by 2030 is still possible, although not easy, the CEO of Orsted ORSTED.CO, the world's largest ...