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Trump, Orsted
World’s largest offshore wind farm maker Orsted takes fresh $1.7 billion write-down in the U.S. as its Trump nightmare begins
Danish offshore wind giant Orsted faced a fresh stock market hammering on Tuesday after the group announced a new billion-dollar impairment charge on the same day its foe Donald Trump ascended to the White House.
Orsted's U.S. Struggles Deepen as Trump Derails Offshore Wind Ambitions
Orsted's shares plunge due to a surprise impairment charge and President Trump's executive order halting offshore wind development in US federal waters.
Trump suspends new federal offshore wind leasing, Reuters reports
President Donald Trump, in his first day in office, suspended new federal offshore wind leasing pending an environmental and economic review,
1d
Orsted flags $1.7 bln impairment on Sunrise Wind delays, increased costs
Denmark's Orsted announced on Monday an impairment charge of 12.1 billion Danish crowns ($1.69 billion) in the fourth quarter ...
1d
on MSN
This wind power company just took a $1.7 billion write-down — and that excludes Trump executive order impact
Shares of Orsted fell as much as 18% after announcing a 12.1 billion Danish kroner ($1.7 billion) write-down that the Danish ...
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6h
Corio CEO Jonathan Cole leaves Macquarie-backed offshore wind group
Jonathan Cole is leaving his role as CEO of offshore wind developer Corio Generation, the Macquarie-backed company announced ...
1d
Trump's anti-wind policy hits European companies
European wind shares fell on Tuesday after U.S. President Donald Trump axed support for new offshore wind power on his first ...
13h
Positive Outlook for Orsted Supported by Strong Q3 Performance and Strategic Positioning in Offshore Wind Energy
Analyst Elizabelle Pang of DBS maintained a Buy rating on Orsted (DOGEF – Research Report), retaining the price target of DKK500.00.Invest with ...
1d
on MSN
Orsted Hits Earnings Target Despite $1.7 Billion Impairment on U.S. Project Delays
Orsted’s full-year earnings landed within its guidance range despite a 1.69 billion impairment on higher costs at its Sunrise ...
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1d
Orsted plunges as EU green stocks feel Trump wind blast
European renewable energy stocks fell after Donald Trump announced moves targeting wind power development on his first day as ...
1d
on MSN
European Green Energy Companies Hit by Trump's Anti-Wind Policy
COPENHAGEN (Reuters) -European wind shares fell on Tuesday after U.S. President Donald Trump axed support for new U.S.
1d
Orsted Shares Plunge on $1.7 Billion Impairment
Shares in the renewable-energy company sank to the bottom of the Stoxx Europe 600 index Tuesday after it announced the ...
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