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

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

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

Oersted A/S executives express optimism about offshore wind development in Poland and Denmark. The CEO reiterates belief in its long-term attractiveness, while the CFO discusses having financial ...

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 ...

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

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

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 approved the annual report for 2024.

Offshore wind power brings more than local, clean energy. It provides jobs, encourages innovation and boosts economic growth ...

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 ...