would replace Nipper at the helm of the company on Feb. 1, when he steps down after four years at Orsted.

The company said it is canceling its Ocean Wind I and II projects in southern New Jersey, citing supply chain issues and rising interest rates. Orsted CEO Mads Nipper said in a statement the ...

Shares of offshore wind developer Orsted rose 15% on Tuesday after the U.S. administration revoked an order to halt work on a ...

OCEAN CITY, N.J. – Offshore wind power company Orsted is trying to get out of a $300 million guarantee it agreed to pay New Jersey in the event it failed to build its first wind farm off the ...

In a report released on November 22, Ingo Becker from Kepler Capital maintained a Hold rating on Orsted (DOGEF – Research Report), with a price target of DKK300.00. The company’s shares closed ...