Reported 2 days ago
Ørsted A/S has raised DKK 59.6 billion (about $8.6 billion) through a highly successful rights issue, with 99.3% of new shares subscribed, significantly strengthening its financial position for offshore wind expansion through 2027. The capital raised will support Ørsted’s financing needs, particularly after its decision to fully own the 924 MW Sunrise Wind project in the U.S. The strong investor demand indicates restored confidence in Ørsted's future projects, especially in Europe, following recent financial challenges.
Source: YAHOO