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Ørsted A/S (0RHE.IL)

IOB - IOB Delayed price. Currency in DKK
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372.50-14.20 (-3.67%)
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  • Bloomberg

    Orsted Says US Offshore Wind Deals Protect Against Inflation Shocks

    (Bloomberg) -- The head of Danish energy giant Orsted A/S says the US is an attractive place to build new offshore wind farms even after inflationary shocks devastated the sector over the past year. The reason: the newest deals to sell electricity include crucial provisions that increase the price of power if inflation goes up.Most Read from BloombergNvidia Rises Most in About Nine Months as AI Drives SalesStocks Rally as AI Craze Sweeps Across the World: Markets WrapT-Bills Without Tax Bills? T

  • CityAM

    Orsted troubles show the wind sector might not grow as quickly as expected

    Wind power has long been front and centre of the UK’s green transition over the last few years, with wind farms being rolled out in the UK’s surrounding seas. The clean-energy industry, in particular wind, has boomed and worked on the broad assumption that costs will only come down in the future. But Orsted’s latest

  • Reuters

    S&P downgrades Danish wind power firm Orsted on U.S. offshore risks

    S&P said Orsted's business risk profile has weakened from last year, but was still satisfactory. It expects the world's biggest offshore wind farm developer would be able to successfully manage the substantial industry risks it faces. The offshore wind industry has been struggling with rising inflation, interest rate hikes and supply chain delays, which have endangered plans by U.S. President Joe Biden and several states to replace fossil fuels with offshore wind to fight climate change.