GLOBAL NEWS SERVICE FOR THE FOSSIL AND RENEWABLE ENERGY COMMUNITIES
Ørsted has priced its $9.42 billion rights issue at 66.6 crowns ($10.46) per share, a 66.7% discount to the stock’s closing price on Friday, as it shores up its finances in the face of mounting challenges.
[Read more…] about Ørsted sets 67% discount for $9.4 bln rights issueØrsted has pushed back the commissioning date of a 300MW wind farm in Taiwan by nearly a year over cable issues.
[Read more…] about Damaged export cable forces Ørsted later wind farm commissionØrsted and the states of Rhode Island and Connecticut sued the Trump administration on Thursday, alleging its decision to block construction of the nearly finished Revolution Wind project is illegal.
[Read more…] about Ørsted sues Trump administration over project haltEquinor has assessed the proposal put forward by the Board of Directors of Ørsted on 11 August 2025 for a Rights Issue with pre-emptive rights for existing shareholders (the Rights Issue).
[Read more…] about Equinor to participate in Ørsted Rights IssueOdfjell Oceanwind (OOW) has completed the acquisition of Ørsted`s 80% share in the Salamander Offshore Wind Farm.
[Read more…] about Odfjell Oceanwind acquires shares in Salamander OWFOn 22 August 2025, Ørsted’s subsidiary Revolution Wind LLC received an order instructing the project to stop activities on the outer continental shelf related to the Revolution Wind project from the US Department of the Interior’s Bureau of Ocean Energy Management (BOEM).
[Read more…] about BOEM issued another stop-work order in USAOrsted has withdrawn its wake effect objections to JERA Nex BP and EnBW’s 1500MW Morgan offshore wind farm in the Irish Sea.
[Read more…] about Orsted lifts Morgan objection after wake effect dealØrsted’s Hornsea 3 has officially signed a lease agreement for up to 300,000 square metres at Steel River Quay – a key part of Teesworks on the south bank of the River Tees.
[Read more…] about Lease agreement offshore wind at TeessideDanish offshore wind company Cadeler has received notice of termination of a long-term contract by Ørsted.
[Read more…] about Ørsted terminates contract with CadelerPGE and Ørsted have signed an agreement to produce and deliver another part of secondary steel structures for the foundations (so-called secondary steel) of the Baltica 2 offshore wind farm.
[Read more…] about Production of Baltica 2 foundation elements carried out in Poland
