Reuters6d
Orsted flags $1.7 bln impairment on Sunrise Wind delays, increased costs
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 ...
Recharge3d
Orsted suffering ‘recurring nightmare’ in the US – ‘and things can still get worse’
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 ...
Yahoo Finance4d
Orsted Shares Sink on Writedown and Trump’s Anti-Wind Orders
(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 ...
Business Insider3d
Orsted’s Hold Rating: Balancing Impairments and Long-term Commitment Amid Project Developments
In a report released on January 20, Ahmed Farman from Jefferies maintained a Hold rating on Orsted (DOGEF – Research Report), with a price target of DKK370.00. Ahmed Farman has given his Hold ...
Business Insider3d
Orsted (DOGEF) Gets a Hold from Kepler Capital
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 ...
Morningstar5d
Orsted Overly Hammered for Its US Woes
With 8.9 gigawatts of gross offshore wind capacity and 5 GW of net capacity at the end of 2023, Orsted is the leader in offshore wind, an industry that it pioneered in the 1990s. With around 75% ...
Recharge5d
Orsted takes $1.7bn hit on US offshore wind project turmoil
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 ...
The Star4d
Orsted takes hit as Trump slams offshore wind
COPENHAGEN: Orsted A/S recorded a 12.1 billion-krone hit on its earnings as the costs of offshore wind farms, particularly in the United States, keep rising. The setback is the latest in a long ...
Wall Street Journal4d
Orsted Shares Plunge on $1.7 Billion Impairment
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Morningstar5d
Orsted Shares Plunge on $1.7 Billion Impairment — Update
Orsted shares sank to the bottom of the Stoxx Europe 600 index Tuesday after the company announced a $1.7 billion fourth-quarter impairment amid higher costs at its U.S. Sunrise Wind project and ...
ジャパンタイムズ5d
Orsted takes $1.7 billion hit as Trump slams offshore wind
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 ...