Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag Orsted cuts investment & capacity targets, pauses dividends, and plans asset sales to recover from 28.4B DKK loss.

flag All sources indicate that leading offshore wind developer, Orsted, is reducing its investment and capacity targets after conducting a significant review. flag The company is cutting its investment and expenditure, pausing dividends for 2023-2025, and selling assets towards 2030. flag These measures follow last year's setbacks, which led to a 28.4 billion Danish kroner ($4.1 billion) loss.

26 Articles

Further Reading