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Orsted ( (DOGEF) ) has provided an update.
Ørsted has adjusted its full-year 2025 EBITDA guidance due to lower-than-normal offshore wind speeds, impacting its financial projections. Additionally, the company is proposing a rights issue to strengthen its capital structure amid challenges in the US offshore wind market, aiming to maintain its leadership in the global offshore wind industry.
More about Orsted
Ørsted A/S is a global leader in the renewable energy industry, focusing primarily on offshore wind energy. The company is committed to expanding its offshore wind portfolio, particularly in Europe and select markets in the Asia-Pacific region, to enhance its market position and competitiveness.
Learn more about DOGEF stock on TipRanks’ Stock Analysis page.