The world’s largest offshore wind developer said it would cut planned investment to 2030 by 25 per cent, less than a week ...

Danish energy company Ørsted has announced a 25% reduction in its investment programme up to 2030, despite the company's full-year results meeting expectations. The company attributed the decision to ...

Ørsted said it is cutting its investment program to 2030 by 25%, as the offshore wind industry struggles with rising costs ...

Ørsted’s board of directors has approved significant adjustments to the company’s business plan and what it described as ...

New CEO R. Errboe reshapes strategy to further strengthen the balance sheet EARNINGS/SALES RELEASES In line with the guidance ...

COPENHAGEN - Danish energy company Ørsted A/S announced adjustments to its business strategy with a reduced investment program aimed at strengthening its capital structure. The company's board has ...

The divestment strategy is key for Ørsted to meet its Free Cash Flow (FFO) to Net Debt target of over 30%, which is vital for maintaining its investment-grade credit rating. Importantly, Ørsted has ...

Today, Ørsted’s Board of Directors approved the annual report for 2024.

Ørsted has set new 2030 climate targets, approved by the Science Based Targets initiative (SBTi), to drive progress toward ...

Helix Energy Solutions' robotics unit awarded a contract by Subsea7 for the burial of inter-array cables associated with ...

Today, Ørsted’s Board of Directors has appointed Rasmus Errboe, current Deputy CEO and Chief Commercial Officer, as new Group President and CEO of the company replacing Mads Nipper who will step down ...

The project will be built, owned and operated in a 50/50 partnership between Ørsted and Polska Grupa Energetyczna.