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Orsted, Wind and Trump
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 the US keeps rising, complicating the company’s efforts to expand the green technology from Europe.
Orsted's U.S. Struggles Deepen as Trump Derails Offshore Wind Ambitions
Orsted's shares plunge due to a surprise impairment charge and President Trump's executive order halting offshore wind development in US federal waters.
Trump executive order delivers a blow to wind-energy industry; Orsted sees setbacks on Sunrise Wind
The Trump administration has delivered a potential body blow to the wind-energy industry with a sweeping executive order that pauses new leases and permits for arrays in federal waters and on land.
2d
on MSN
Orsted Hits Earnings Target Despite $1.7 Billion Impairment on U.S. Project Delays
Orsted’s full-year earnings landed within its guidance range despite a 1.69 billion impairment on higher costs at its Sunrise ...
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16h
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, ...
1d
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 ...
2d
on MSN
This wind power company just took a $1.7 billion write-down — and that excludes Trump executive order impact
Shares of Orsted fell as much as 18% after announcing a 12.1 billion Danish kroner ($1.7 billion) write-down that the Danish ...
3d
Orsted flags $1.7 bln impairment on Sunrise Wind delays, increased costs
Denmark's Orsted announced on Monday an impairment charge of 12.1 billion Danish crowns ($1.69 billion) in the fourth quarter ...
23h
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 ...
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2d
Orsted CEO insists troubled US project Sunrise Wind can make profit
Mads Nipper comments on $1.7bn in impairments from US offshore wind troubles but refuses to comment on impact of Trump decree ...
2d
Orsted Shares Plunge on $1.7 Billion Impairment
Shares in the renewable-energy company sank to the bottom of the Stoxx Europe 600 index Tuesday after it announced the fourth ...
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Donald Trump
Sunrise Wind
United States
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