CEO Rasmus Errboe outlined a strategic shift to prioritize offshore wind projects in regions with favorable frameworks, while reducing long-term investment plans by 25%. He noted this disciplined ...

Orsted has cut its 2030 renewables target by almost half within 12 months, with new chief excutive Errboe saying this will ...

Orsted of Denmark and Equinor of Norway tap the brakes on offshore wind development after setbacks and market shifts.

New chief Rasmus Errboe launched strategy to 'support a solid investment grade credit rating', company reports ...

Danish offshore wind power giant Orsted said Thursday it would downsize investments as it reported a small net profit for ...

Orsted guided for slightly higher earnings this year, a day after it slashed spending plans for the coming few years to shore up its balance sheet.

The world’s largest offshore wind developer said it would cut planned investment to 2030 by 25 per cent, less than a week ...

Today, Ørsted’s Board of Directors approved the annual report for 2024.

Ørsted’s board of directors has approved significant adjustments to the company’s business plan and what it described as ...

Ørsted said it is cutting its investment program to 2030 by 25%, as the offshore wind industry struggles with rising costs ...

The Danish renewable-energy company expects earnings before interest, taxes, depreciation and amortization excluding new partnerships and cancellation fees at between 25 billion and 28 billion kroner ...

The renewable energy group cut its investment program to 2030 by 25% despite posting full-year results it said were in line ...