Ørsted Secures $9.4 Billion to Navigate U.S. Offshore Wind Crisis ...Middle East

OILPRICE - Economy
Ørsted Secures $9.4 Billion to Navigate U.S. Offshore Wind Crisis
Danish offshore wind developer Ørsted won shareholder approval Friday for a $9.4-billion emergency rights issue, shoring up its balance sheet as U.S. projects face mounting political and operational setbacks. The move follows weeks of uncertainty triggered by President Donald Trump’s directive halting work on Equinor’s Empire Wind 2 project, a decision that also rippled into Ørsted’s nearby Sunrise Wind venture, according to Reuters. Two-thirds of the capital raised will be directed toward Sunrise Wind, where financing…

Hence then, the article about orsted secures 9 4 billion to navigate u s offshore wind crisis was published today ( ) and is available on OILPRICE ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Ørsted Secures $9.4 Billion to Navigate U.S. Offshore Wind Crisis )

Apple Storegoogle play

Last updated :

Also on site :

Most viewed in Economy


Latest News