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Orsted to Cut 25% of Staff as Prospects for Wind Power Diminish
Battered by delays, higher costs and attempts by the Trump administration to block its projects in the United States, the Danish company is retreating to its base in Europe.…
New York Times Business · 2025-10-09 12:51:46
Orsted to cut 2,000 jobs as Trump's offshore wind battle continues
Orsted has faced headwinds this year as President Donald Trump's administration clamped down on wind power generation in the United States.…
CNBC Top Stories · 2025-10-09 10:19:38
Orsted shares jump 7% after U.S. court overturns Trump project block
The decision means Orsted can resume work on the nearly completed Revolution Wind project.…
CNBC Top Stories · 2025-09-23 08:58:34
Revolution Wind operator’s stock recovers after judge says work can continue
Shares of Orsted rallied on Tuesday to levels where it stood before the Trump administration halted an 80% completed project when a federal judge gave it an injunction allowing work on the Revolution Wind project to continue.…
Market Watch · 2025-09-23 08:40:00
New England wind farm construction to restart after court blocks Trump order to stop work
The Interior Department had ordered Orsted on Aug. 22 to halt construction on Revolution Wind off the coast of Rhode Island and Connecticut.…
CNBC Top Stories · 2025-09-22 18:55:25Europe stocks to extend gains ahead of more U.S. jobs data; Orsted cuts outlook
European stock markets closed higher on Thursday as global investors assessed U.S. jobs data.…
CNBC Top Stories · 2025-09-05 06:38:44
Orsted sues to save offshore wind farm from Trump administration axe
Orsted asked the United States District Court for the District of Columbia to set aside the stop-work order, calling it "unlawful" and "issued in bad faith." …
CNBC Top Stories · 2025-09-04 14:51:36
Oil giant Equinor backs crisis-stricken Orsted as Trump lashes out at offshore wind
Norwegian energy group Equinor on Monday pledged to support Denmark's Orsted with almost $1 billion of fresh capital.…
CNBC Top Stories · 2025-09-01 09:47:34How much trouble is the world’s biggest offshore-wind developer in?
Orsted is suffering from Donald Trump’s grudge against “windmills” …
Economist Business · 2025-08-28 12:57:25
Orsted Stock Plummets to Record Low After Trump Halts U.S. Wind Farm
An order to stop work on the Revolution Wind project off Rhode Island further rattled the beleaguered Danish company.…
New York Times Business · 2025-08-25 12:05:59
