Orsted, a Danish wind company, cuts 2030 investments by 25% due to costs and supply issues.
Danish wind company Orsted has cut its 2030 investment plans by 25% due to rising costs and supply chain issues, especially in the US market. The company aims to focus on high-value projects and maintain a strong financial position. Despite challenges like delays and higher interest rates, Orsted remains committed to its existing renewable projects and expects to reinstate dividends in 2026.
2 months ago
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