Denmark’s Orsted gets green light for rights issue amid Trump wind war

Burbo Bank, Liverpool Bay, England, watched from sea turbines on Burbo Wind Farm on the banks of the UK.
UCG | Universal Images Group | Getty Images
On Friday, the renewable energy giant Orted received approval from the shareholders for the right problem of the right to 60 billion Danish ($ 9.4 billion).
Orted’s field to raise the capital comes in the midst of US President Donald Trump’s attacks on the open sea wind projects during the deep industrial turmoil.
The White House suddenly ordered the company to work on the wind of Revolution on the shore of Rhode Island and Connecticut. The fully allowed project has been completed by 80% and will provide enough power for more than 350,000 houses in both states.
Since then, Orted has filed a lawsuit against the Trump administration to restore the construction in the wind circle.
Following the extraordinary general meeting on Friday, the company said that the problem of closely monitored rights has been approved by shareholders.
Investors seemed to welcome Repriev. OREDED shares, which fell 90% from the 2021 summit, were last seen around 2.9%.
In the early hours of the day, OREDED cut off the full -year -old profit appearance after the wind wind speeds low in July and August.
Analysts in Citi said that the reduction of OREDED’s full -year guidance was “relatively small” against the basis of other company developments, referring to the US case and the right problem. Analysts of the bank still described the update as “useless”.
– Spencer Kimball from CNBC contributed to this report.



