Category: Denmark
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Ørsted Secures Lifeline
On September 5, 2025, Ørsted, a Danish renewable energy company, received shareholder approval for a 60 billion Danish kroner ($9.4 billion) rights issue at an extraordinary general meeting. The rights issue, one of Europe’s largest, aims to strengthen Ørsted’s balance sheet and fund its 8.1 gigawatt offshore wind construction portfolio through 2027. What is your…