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

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

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 ...

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 ...

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 ...

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 ...

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

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 global offshore wind developer said on 6 February the increase was mainly due to the ramp-up of generation at Greater Changhua 1 and 2a offshore wind project in Taiwan, South Fork in the US, and ...

Seaway7 has selected US-based Helix Robotics Solutions to supply inter-array cables at Ørsted's Hornsea 3 offshore wind farm.

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