Orsted wins approval for emergency rights issue as Trump threatens US projects

Orsted wins approval for emergency rights issue as Trump threatens US projects

Offshore wind developer Orsted won shareholder approval for a $9.4 billion emergency rights issue to help fund U.S. projects thrown into uncertainty by President Donald Trump'sopposition to the renewable energy source.

Orsted wins shareholder approval for emergency rights issue as Trump threatens projects

Stakes are high for the Danish state-controlled offshore wind developer, which is struggling to stave off a potentially crippling credit rating downgrade

Orsted Wins Approval for Emergency Rights Issue After Trump Halts US Projects

Offshore wind developer Orsted won shareholder approval on Friday for a $9.4 billion emergency rights issue to help fund U.S. projects thrown into uncertainty by President Donald Trump's opposition to the renewable energy source.The stakes are high for the Danish state-controlled firm…

Denmark's Orsted gets green light for rights issue amid Trump wind war

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Denmark's Orsted gets green light for rights issue amid Trump wind war - Los Angeles Weekly Times

Burbo Bank, Liverpool Bay, England, viewed from the sea turbines on Burbo wind farm off the U.K. coast. Ucg | Universal Images Group | Getty Images Danish renewables giant Orsted on Friday received approval from shareholders for its emergency $9.4 billion rights issue, shortly after the crisis-stricken company issued a fresh profit warning. Orsted’s pitch to raise the capital comes amid turmoil caused by U.S. President Donald Trump’s sustained …