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DNNGY / Orsted scraps 2 offshore wind-power projects in New Jersey, citing supply-chain issues and rising interest rates

Orsted scraps 2 offshore wind-power projects in New Jersey, citing supply-chain issues and rising interest rates
ATLANTIC CITY, N.J. — Danish energy developer Orsted said Tuesday night it is scrapping two large offshore wind-power projects off the coast of New Jersey, adding uncertainty to a nascent industry the Biden administration and many state governments are counting on to help transition away from the burning of planet-warming fossil fuels. Read More
Posted: Oct 31 2023, 22:03
Author Name: Market Watch
Views: 112113

DNNGY News  

Ship shortage dealt death blow to Orsted's NJ offshore wind hopes

By Reuters
November 3, 2023

Ship shortage dealt death blow to Orsted's NJ offshore wind hopes

Danish energy firm Orsted's shock decision to cancel two offshore wind farms off New Jersey this week was based in large part on big delays securing t more_horizontal

Fitch follows S&P in cutting Orsted's outlook

By Reuters
November 3, 2023

Fitch follows S&P in cutting Orsted's outlook

Rating agency Fitch on Friday downgraded the outlook on Danish renewable energy firm Orsted's rating to negative, a day after S&P warned of a possible more_horizontal

S&P indicates it could cut Orsted's credit rating after losses

By Reuters
November 2, 2023

S&P indicates it could cut Orsted's credit rating after losses

Credit rating agency S&P said on Thursday it had placed Danish renewable energy firm Orsted on review for a possible debt downgrade due to the company more_horizontal

Orsted scraps 2 offshore wind-power projects in New Jersey, citing supply-chain issues and rising interest rates

By Market Watch
October 31, 2023

Orsted scraps 2 offshore wind-power projects in New Jersey, citing supply-chain issues and rising interest rates

ATLANTIC CITY, N.J. — Danish energy developer Orsted said Tuesday night it is scrapping two large offshore wind-power projects off the coast of New more_horizontal

Orsted CEO says US offshore wind targets still possible but not easy

By Reuters
September 18, 2023

Orsted CEO says US offshore wind targets still possible but not easy

U.S. President Joe Biden's plan to deploy 30,000 megawatts (MW) of offshore wind by 2030 is still possible, although not easy, the CEO of Orsted , the more_horizontal

Ørsted's Undervaluation: A Compelling Opportunity Despite Some Setbacks

By Seeking Alpha
August 31, 2023

Ørsted's Undervaluation: A Compelling Opportunity Despite Some Setbacks

Orsted, and renewable energy producers in general, have suffered from a number of headwinds in the last few years. As a result, investors are a lot le more_horizontal

Ørsted A/S (DNNGY) Q2 2023 Earnings Call Transcript

By Seeking Alpha
August 10, 2023

Ørsted A/S (DNNGY) Q2 2023 Earnings Call Transcript

Ørsted A/S (OTCPK:DNNGY) Q2 2023 Earnings Conference Call August 10, 2023 9:00 AM ET Company Participants Mads Nipper - Group President and CEO Danie more_horizontal

Ørsted: Solid Renewables Company, Undervalued With Strong Pipeline

By Seeking Alpha
June 12, 2023

Ørsted: Solid Renewables Company, Undervalued With Strong Pipeline

Ørsted is a solid renewables company and a market leader in the wind energy sector, with a well-filled pipeline and conservative financing. The compa more_horizontal


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