Orsted News

Orsted's Stock Plummets 23% Amid $9.4B Rights Issue Plan Following US Offshore Market Challenges

Orsted's stock dropped over 23% after announcing a $9.4B rights issue due to challenges in the US offshore market, despite reporting a 785% profit increase in H1 2025.

Orsted Sells Half of Greater Changhua 4 Wind Farm to Cathay Life for $1.64 Billion

Danish energy company Orsted has agreed to sell a 50% stake in its Greater Changhua 4 offshore wind farm to Taiwan's Cathay Life Insurance for $1.64 billion. The wind farm, part of...