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 ...

CEO Rasmus Errboe outlined a strategic shift to prioritize offshore wind projects in regions with favorable frameworks, while reducing long-term investment plans by 25%. He noted this disciplined ...

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

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 ...

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 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 ...

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

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 ...

Danish renewable energy developer Ørsted achieved a significant milestone in December 2024 by reaching financial close on its ...