Norwegian energy group Equinor on Monday pledged to support Denmark's Orsted with almost $1 billion of fresh capital. The gesture seems to be a significant show of confidence in the embattled offshore ...
Orsted on Friday received approval from shareholders for its 60 billion Danish kroner ($9.4 billion) rights issue at an extraordinary general meeting. Investors appeared to welcome the reprieve, with ...
(Bloomberg) -- The Trump administration has halted work on an offshore wind farm being constructed off the coast of Rhode Island by Denmark’s Orsted A/S. Interior’s Bureau of Ocean Energy Management ...
Orsted asked a federal court to overturn the Trump administration's order to stop construction on Revolution Wind. The fully permitted project is 80% complete and would provide enough power for more ...
COPENHAGEN (Reuters) -Orsted shares rose on Tuesday after a U.S. federal judge ruled it could resume work on an almost completed offshore wind project in the United States, delivering a win for an ...
Danish and Norwegian energy companies Orsted and Equinor are seeking injunctions against the Trump administration’s order halting construction of all U.S. offshore wind projects. The $5 billion ...
(Update) January 2, 2026, 9:14 PM GMT: Article updated. European developers Orsted A/S and Equinor ASA filed legal challenges to the Trump administration’s decision to halt construction of their US ...
The global wind industry is reacting in horror to the US stop work order against Orsted’s Revolution Wind project, with the country being labelled a “banana republic” whose President Donald Trump is ...
Danish energy giant Orsted has abandoned a strategy of seeking partners to share the cost of Sunrise Wind, the project being built off the New England coast to supply energy to more than 600,000 Long ...
Danish wind-energy conglomerate Orsted’s plan to raise more than $9 billion through a stock offering chiefly to fund the completion of Sunrise Wind comes as the company faces risks and challenges that ...
Equinor ASA Chairman Jon Erik Reinhardsen said the company has an “open mind” about the structure of its partnership with Danish wind developer Orsted A/S, including the possibility of combining their ...