Ørsted A/S (DNNGY)

Other OTC - Other OTC Delayed price. Currency in USD

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18.37

-0.41

(-2.18%)

At close: 03:52PM EDT

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Oilprice.com
Biden's Wind Revolution Faces Setback As Major Projects Halted
Orsted A/S, a major offshore wind farm developer, has abandoned two key US projects due to supply chain disruptions, rising interest rates, and financial challenges.
Investing.com
Orsted shares drop 22% after offshore wind group warns of impairments risk
Investing.com -- Copenhagen-listed shares in Orsted A/S (CSE:ORSTED) (OTC:DNNGY) slumped on Wednesday after the offshore wind farm group warned that it may face up to 16 billion Danish crowns (DKK 1 = $0.15) in impairment charges linked to its U.S. projects due to supply issues, elevated interest rates and a lack of progress in tax credit guidance.