Investing.com -- BofA Securities has downgraded its rating on Ørsted A/S (CSE: ORSTED) to "neutral" from "buy,” citing ...

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

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

Danish energy company Ørsted has announced a 25% reduction in its investment programme up to 2030, despite the company's full-year results meeting expectations. The company attributed the decision to ...

Mads Nipper, who has led multinational energy giant Ørsted since January 2021, will be replaced by Rasmus Errboe, the current ...

The project will be built, owned and operated in a 50/50 partnership between Ørsted and Polska Grupa Energetyczna.

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

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 ...

COPENHAGEN - Danish energy company Ørsted A/S announced adjustments to its business strategy with a reduced investment program aimed at strengthening its capital structure. The company's board ...

The divestment strategy is key for Ørsted to meet its Free Cash Flow (FFO) to Net Debt target of over 30%, which is vital for maintaining its investment-grade credit rating. Importantly, Ørsted has ...

Ørsted has set new 2030 climate targets, approved by the Science Based Targets initiative (SBTi), to drive progress toward ...