Energy
Orsted Moves to Save Its U.S, Wind Farm Projects
Orsted's C.E.O. says it plans to move quickly to complete a $6.2 billion wind farm off Rhode Island after a judge struck down President Trump's bid to halt it.
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Ørsted
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Latest on Ørsted
Newest firstEnergy
Orsted jumps 5% after U.S. judge rules firm can resume wind project halted by Trump
The ruling is a legal setback for the pro-fossil fuel Trump administration, which moved to block the $5 billion Revolution Wind project.
Energy
Ørsted, Equinor challenge Trump administration stop work order
The December stop work order is estimated to be costing the 700-MW Revolution Wind project at least $1.44 million per day, project attorneys alleged.
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Ørsted files legal challenge against US government over windfarm lease freeze
Europe's biggest offshore wind developer seeking to overturn White House decision to suspend work on a $5bn wind farm project. Europe's biggest offshore wind d…
Energy
Orsted files legal challenge over Trump's halt to $5 billion offshore wind project
Shares of Orsted, the world's largest developer of offshore wind farms, rose more than 4% on the news.
Energy
Orsted swings to quarterly net loss as Trump's offshore wind battle takes its toll
The results come shortly after the company announced it had reached a deal to sell a 50% stake in its Hornsea 3 offshore wind farm in the U.K.
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Orsted to Cut 25% of Staff as Prospects for Wind Power Diminish
Battered by delays, higher costs and attempts by the Trump administration to block its projects in the United States, the Danish company is retreating to its b…
Energy
Orsted to cut 2,000 jobs as Trump's offshore wind battle continues
Orsted has faced headwinds this year as President Donald Trump's administration clamped down on wind power generation in the United States.
Orsted shares jump 7% after U.S. court overturns Trump project block
The decision means Orsted can resume work on the nearly completed Revolution Wind project.
Markets
Europe stocks to extend gains ahead of more U.S. jobs data; Orsted cuts outlook
European stock markets closed higher on Thursday as global investors assessed U.S. jobs data.
Energy
Orsted sues to save offshore wind farm from Trump administration axe
Orsted asked the United States District Court for the District of Columbia to set aside the stop-work order, calling it "unlawful" and "issued in bad faith."
Energy
Oil giant Equinor backs crisis-stricken Orsted as Trump lashes out at offshore wind
Norwegian energy group Equinor on Monday pledged to support Denmark's Orsted with almost $1 billion of fresh capital.
Energy
Orsted Stock Plummets to Record Low After Trump Halts U.S. Wind Farm
An order to stop work on the Revolution Wind project off Rhode Island further rattled the beleaguered Danish company.
Housing
Orsted shares tumble 17% to record low, as U.S. government halts wind project construction
The U.S. last week ordered the company to halt construction of an almost completed project.
Energy
As Trump Curbs Wind Farms, Orsted Plans $9.4 Billion Share Offering
Shares of the Danish renewable energy developer tumbled after it would issue more stock to raise funds instead of divesting a stake in a wind farm off the U.S.…
Orsted made a bet on U.S. wind business. It failed and now it's turning to Denmark for help.
Orsted said it's going to issue $9.3 billion in stock
