Company says it is evaluating options to resolve the matter Revolution Wind was scheduled for completion next year Bureau cites national security, interference with use of seas Aug 22 (Reuters) - The ...

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 ...

Orsted A/S shares fell as much as 19% to hit a record low after the Trump administration blocked construction of an almost-finished offshore wind farm, throwing a wrench into the Danish company’s ...

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 faces financial challenges amid Trump's anti-wind policies Orsted plans to issue 901 million new shares Issue price of DKK 66.6 vs Friday's close of DKK 200.3 Right to sell subscription rights ...

Offshore wind power company Orsted is trying to get out of a $300 million guarantee it agreed to pay New Jersey in the event it failed to build its first wind farm off the state's coast. Last Tuesday, ...

Danish offshore wind developer Orsted can restart work on the nearly finished Revolution Wind project off the coast of Rhode Island, a federal judge ruled on Monday, after President Donald Trump's ...

Oct. 9 (UPI) --The offshore wind farm company Orsted announced Thursday it plans to cut its workforce by roughly one-quarter by the end of 2027 as it redirects its business toward Europe and Asia.