Danish wind power developer Orsted announced a $4 billion write-down for the first nine months of the year and said it was canceling two off-shore wind projects that were planned off the coast of New ...

Mads Nipper is CEO of Orsted, the world’s largest developer of offshore wind power. In 2009, 85% of Orsted's energy production came from fossil fuels, but over the last 15 years the company has ...

Orsted CEO Mads Nipper said the offshore wind giant still expects to take a final investment decision (FID) this year on its Hornsea 3 North Sea mega-project amid turbulence in the UK offshore wind ...

Orsted A/S’s chief Mads Nipper dismissed two top executives as the company fights to recover from huge writedowns connected to abandoned projects. The Danish wind developer needs to present a fast ...

Mads Nipper, the CEO of Danish renewable energy company Orsted, is stepping down as pressure mounts following weak financial results and the return of President Donald Trump to office. He’ll be ...

Welcome to this Ørsted Q3 2023 Earnings Call. This call is being recorded. [Operator Instructions] Today's speakers are Group President and CEO, Mads Nipper; and CFO, Daniel Lerup. Speakers, please ...

The Danish wind power developer Orsted is canceling two off-shore wind projects that were planned off the coast of New Jersey and is taking a $4 billion impairment for the first nine months of the ...