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Denmark's Orsted seeks $9.4 billion

Denmark's Orsted seeks $9.4 billion as US wind market falters

Denmark's Orsted on Monday asked its shareholders for 60 billion crowns ($9.4 billion), sending the stock sharply lower as the wind farm developer seeks to boost its finances amid U.S. President Donald Trump's opposition to wind power.

MarketWatch on MSN · 2d

Orsted made a bet on U.S. wind business. It failed and now it’s turning to Denmark for help.

Shares of wind turbine maker Orsted lost as much as 29% as the company announced it’ll sell 60 billion Danish kroner ($9.3 billion) in stock in an offer underwritten by the Danish government.

MarineLink · 1d

Orsted Shares Plunge as it Seeks $9.4B to U.S. Wind Power Project

Shares in Orsted plunged to a record low on Monday as the wind farm developer asked shareholders for $9.4 billion to help fund a U.S.

Denmark Injects Billions Into Orsted, Sparking Political Backlash

Denmark’s plan to inject billions of dollars into the offshore wind giant Orsted has sparked political backlash. Taxpayers ...

2don MSN

Denmark's Orsted plans to raise $9.4 billion in rights issue

STOCKHOLM (Reuters) -Danish wind farm developer Orsted said on Monday it plans a 60 billion crowns ($9.4 billion) rights ...

The Local - Denmark1d

Danish wind giant Ørsted seeks to raise capital after US setbacks

Danish offshore wind power group Ørsted said on Monday it was planning to raise 60 billion kroner ($9.4 billion) by selling ...

Denmark Says There Is Security-Policy Dimension to $4.7 Billion Orsted Investment

The Danish state has committed to invest over $4.68 billion in Orsted as the company aids the country's energy-security ambitions, while remaining an important driver of the clean-energy transition.

GlobalData on MSN23h

Ørsted announces $9.3bn rights issue to fund offshore wind projects

Denmark-based offshore wind power developer Ørsted has announced a DKr60bn ($9.3bn) rights issue to enhance its capital structure and offer financial flexibility, ensuring adequate capitalisation from ...

Soren Jeppesen

The latest international Soren Jeppesen news and views from Reuters - one of the world's largest news agencies ...

NBC Chicago1y

Denmark’s Orsted wins $680 million JPMorgan backing for U.S. solar ...

Renewable energy developer Orsted announced on Thursday won a $680 million investment from JPMorgan for two of its energy projects, including Eleven Mile Solar near Coolidge, Arizona. Eleven Mile ...

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