International Companies

Orsted cuts profit outlook, secures backing for $9bn rights issue

By Abigail Townsend

Date: Friday 05 Sep 2025

(Sharecast News) - Denmark's Orsted secured backing for an emergency $9bn rights issue on Friday, while at the same time cutting its full-year profit guidance.
The embattled offshore wind developer is currently facing a number of industry-wide challenges alongside US president Donald Trump's outspoken criticism of the sector. Shares in the...

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