In a report released on January 21, Ingo Becker from Kepler Capital maintained a Hold rating on Orsted (DOGEF – Research Report), with a price target of DKK400.00. The company’s shares closed ...
Bernstein analyst Deepa Venkateswaran maintained a Buy rating on Orsted (DOGEF – Research Report) yesterday and set a price target of DKK540.00. The company’s shares closed last Friday at $43.10.
The move comes as Orsted, the Denmark-based developer of Sunrise Wind, detailed a series of setbacks for the Long Island project that will push back its completion date by a year to mid-2027.
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COPENHAGEN, Jan 20 (Reuters) - Offshore wind developer Orsted (ORSTED.CO), opens new tab on Monday posted an impairment charge of 12.1 billion Danish crowns ($1.69 billion) in the fourth quarter ...
On the other hand, barriers to entry are much lower than in offshore wind, meaning Orsted has no structural competitive advantage in the power purchase agreement market. We cannot rule out that ...
(Bloomberg) -- Orsted A/S shares slumped after it recorded a $1.7 billion hit on its earnings as the cost of building offshore wind farms in the US keeps rising, complicating the company’s ...
Share price of Danish renewables champion has taken a kicking in recent months through combination of Trump attacks, inflation and supply chain issues Orsted has suffered a recurrence of its “American ...
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Danish developer Orsted took a total DKr12.1bn ($1.68bn) impairment in the fourth quarter 2024 due to stubbornly high US interest rates, supply chain turmoil in its Sunrise Wind array, and plummeting ...
Orsted recorded a 12.1 billion-krone ($1.7-billion) hit on its earnings as the costs of offshore wind farms, particularly in the U.S., keep rising. The setback is the latest in a long series of ...
including the risk of no further U.S. offshore wind development over the medium term and the values of seabed leases potentially going to zero. As part of its announcement Monday, Orsted said its ...