World’s largest offshore wind farm maker Orsted takes fresh $1.7 billion write-down in the U.S. as its Trump nightmare begins
Orsted's latest impairment came on the same day Trump banned new offshore wind licenses.
Orsted price target lowered to DKK 300 from DKK 428 at Citi
Citi lowered the firm’s price target on Orsted (DNNGY) to DKK 300 from DKK 428 and keeps a Neutral rating on the shares.Invest with Confidence: ...
Yahoo Finance6d
World’s largest offshore wind farm maker Orsted takes fresh $1.7 billion write-down in the U.S. as its Trump nightmare begins
Danish offshore wind giant Orsted faced a fresh stock market hammering on Tuesday after the group announced a new billion-dollar impairment charge on the same day its foe Donald Trump ascended to ...
Yahoo Finance6d
Orsted Shares Sink on Writedown and Trump’s Anti-Wind Orders
It’s the latest in a long series of setbacks for Denmark’s Orsted, one of the world’s biggest developers of wind farms at sea. The news comes as President Donald Trump moved to stop federal ...
Orsted Shares Sink on Writedown and Trump’s Anti-Wind Orders
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 ...
Recharge6d
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 ...
Business Insider4d
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 ...
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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 ...
Morningstar6d
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 ... offshore wind market in the world, outside of China, where Orsted is ...
Investing3d
Citi cuts Orsted stock price target to DKK300 from DKK428
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 ...