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Orsted A/S (ORSTED.CO)

ORSTED.CO on Copenhagen Stock Exchange

508.60DKK
22 Mar 2019
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Wed, Jan 23 2019

UPDATE 1-Orsted says grid sale setback will not stop expansion

* Looking for partners for 1.14 GW German build to 2025 (Adds additional executive comments, context)

Orsted offshore CEO says grid sale setback will not stop expansion

BERLIN, Jan 23 A setback for energy group Orsted's sale process of its Danish power network and private customer units will not curb its global growth ambitions, the group's head of offshore wind said.

Deals of the day-Mergers and acquisitions

Jan 14 The following bids, mergers, acquisitions and disposals were reported by 2100 GMT on Monday:

Energy group Orsted halts power business divestment

COPENHAGEN Energy group Orsted said Monday it would halt the sale process of its Danish power distribution business after it became clear there was no longer political support for a divestment.

UPDATE 1-Energy group Orsted halts power business divestment

COPENHAGEN, Jan 14 Energy group Orsted said Monday it would halt the sale process of its Danish power distribution business after it became clear there was no longer political support for a divestment.

Energy group Orsted says government no longer supports power business divestment

COPENHAGEN Danish energy company Orsted , 50.1 percent owned by the state, said on Sunday that the Finance Ministry had told it there was no longer political support for continuing divestment of its power distribution and residential customer businesses.

Energy group Orsted says government no longer supports power business divestment

COPENHAGEN Danish energy company Orsted , 50.1 percent owned by the state, said on Sunday that the Finance Ministry had told it there was no longer political support for continuing divestment of its power distribution and residential customer businesses.

UPDATE 1-Denmark's Orsted Q3 beats expectations, lifts 2018 outlook

COPENHAGEN, Nov 1 Danish energy group Orsted posted third-quarter profit well above analyst expectations on Thursday and lifted its outlook for the year, in part thanks to the contribution from new offshore wind projects.

Offshore wind firm Orsted expands U.S. business with $510 million acquisition

COPENHAGEN Orsted , the world's largest offshore wind developer, said on Monday it would buy U.S.-based Deepwater Wind LLC for $510 million as part of its strategy to expand in a major growth market.

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