AMSTERDAM--(BUSINESS WIRE)--AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of Ørsted Insurance A/S (ORIAS) (Denmark).

Ørsted (CPH: ORSTED) said it has completed a DKK 60 billion rights issue and finalized the sale of a 50% stake in its 2.9 GW Hornsea 3 offshore wind farm in the UK, strengthening its balance sheet and ...

Ørsted, the world’s largest offshore wind developer, reported on Wednesday a loss for the third quarter amid soaring impairment charges as the offshore wind industry faces backlash in the United ...

Simply sign up to the Renewable energy myFT Digest -- delivered directly to your inbox. Ørsted has agreed to sell half of the world’s largest offshore wind farm to Apollo in a $6.5bn deal, marking a ...

Faced with numerous headwinds, Ørsted will slash its workforce numbers by 2,000 by 2027, eliminating a quarter of its current roles, the world’s largest offshore wind developer said on Thursday. Fresh ...

Ørsted surged up to 19% after a court allowed its Revolution Wind project to resume, despite prior government opposition. But the stock isn't out of the woods yet. The company faces ongoing risks and ...

Ørsted (OTCPK:DNNGY) ADRs closed +8.7% on Monday after a U.S. federal judge granted a request by the Danish offshore wind developer to restart work on the nearly finished Revolution Wind project, ...

The original version of this story appeared in Quanta Magazine. There are precision measurements, and then there’s the Laser Interferometer Gravitational-Wave Observatory. In each of LIGO’s twin ...

The world’s biggest offshore wind project developer, Orsted, plans a $9.4 billion (60 billion Danish crowns) rights issue to raise capital from existing shareholders as challenges for the industry ...

HANS WEISS, 93, of Vernon, died peacefully in the comfort of his home on August 5. He is survived by his wife, Lotte, his three children; Robert Weiss (wife, Beth) of Manchester, Lisa Lelas and Linda ...