Wind Giant Orsted Suffers Worst Week On Record As Green Energy Demise Accelerates

Wind Giant Orsted Suffers Worst Week On Record As Green Energy Demise Accelerates

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Wind Giant Orsted Suffers Worst Week On Record As Green Energy Demise Accelerates  - Nemos News Network

Wind company Orsted A/S was once the poster child of the green energy movement, debuting on European stock exchanges nine years ago. Now, with the green energy industry in shambles as common-sense energy policies return under the Trump administration, Orsted has suffered its worst weekly decline ever, trading far below its IPO price. At the beginning of the week, Orsted announced a rights offering of up to 60 billion kroner ($9.4 billion), sendi…