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Trump, Orsted and offshore wind
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 halt on offshore wind power leases 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 day in office, adding to pain in an industry that had turned to the United States to help revive its fortunes.
22h
Trump executive order delivers a blow to wind-energy industry; Orsted sees setbacks on Sunrise Wind
The Trump administration has delivered a potential body blow to the wind-energy industry with a sweeping executive order that ...
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 ...
Recharge
1h
Orsted suffering ‘recurring nightmare’ in the US – ‘and things can still get worse’
Share price of Danish renewables champion has taken a kicking in recent months through combination of Trump attacks, inflation and supply chain issues ...
2d
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
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 ...
8h
Orsted (DOGEF) Gets a Hold from Kepler Capital
In a report released on January 21, Ingo Becker from Kepler Capital maintained a Hold rating on Orsted (DOGEF – Research Report), with a price ...
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 ...
IJR
15h
DAVID BLACKMON: Trump Moves To Reverse Biden’s Green New Deal Agenda — With A Special Focus On Wind
Shares of big Danish offshore wind developer Orsted dropped by 17% Monday, the same day President Donald Trump took the ...
20h
Orsted’s Hold Rating: Balancing Impairments and Long-term Commitment Amid Project Developments
In a report released on January 20, Ahmed Farman from Jefferies maintained a Hold rating on Orsted (DOGEF – Research Report), with a price ...
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Trump
offshore wind
United States
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