Ørsted to sell shares at 67% discount in $9.4bn rights issue
Danish offshore wind developer prices issue at steep discount amid hostility from US government
Danish offshore wind developer prices issue at steep discount amid hostility from US government

World’s biggest offshore wind developer’s aggressive US expansion has backfired

Stock in Danish developer drops 16% after surprise order to stop work on $1.5bn Revolution Wind project

Short positions in the Danish group build up as offshore wind developer undertakes $9bn cash call

Shares in Ørsted, the world’s largest offshore wind developer, fell by more than 14% after announcement

Danish renewable energy company seeks court order to allow it to finish Revolution Wind development

Danish company says ruling will allow work on Revolution Wind to restart immediately