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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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 ...

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 ...

(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 ...

Trump suspends offshore wind power leases Denmark's Orsted takes fur impairments on US projects Shares plunge 17%, taking losses to 84% since 2021 peak Other companies fall much less Biden ...

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 ...

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% ...

Orsted supported motions to dismiss the lawsuits ... in tourism revenue and significant threats to fisheries and marine ecosystems had the projects moved forward. READ: University Of Delaware ...

On Friday, Citi analyst Jenny Ping revised the price target on Orsted A/S (CSE:ORSTED:DC) (OTC: DNNGY (OTC:DNNGY)) shares, reducing it significantly from DKK428.00 to DKK300.00, while maintaining ...

Investing.com -- Orsted (CSE:ORSTED) A/S has had its credit rating outlook revised to negative from stable at S&P Global, due to substantial impairments of Danish krone (DKK) 12.1 billion expected ...

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 ...