Renewables & Funding
Danish wind pioneer turns its back on the USA
The Danish wind energy group Orsted is making massive job cuts. Following a capital increase worth billions, the company is once again focussing on Europe.
10/15/2025
The Danish wind energy group Orsted A/S is to cut around 2,000 jobs - around a quarter of its workforce. The company has now announced this after previously raising 60 billion Danish kroner (equivalent to around 9.4 billion US dollars) through a rights issue.According to Bloomberg, this is the largest capital raising by a European energy company…
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