World’s biggest offshore wind developer Ørsted slashes investment by 25%

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Ørsted reduces investments and throws its targets to develop new renewable energy as part of the second sharp experience to restore its own price and confidence in its strategy.

The world’s largest offshore wind The developer noted that it will provide a planned contribution by 25% to 2030, less than a week after it replaced the previous one’s prepayment, the new executive Rasmus Errboe.

On Wednesday, a state-owned company has prioritized the construction of existing projects, as it is trying to restore restless defects in the United States.

Donald Trump is a difficult environment for the offshore wind, while trying to maintain his investment rating and avoid his balance.

The movement attaches importance to the challenges facing global experiments far from fossil fuels, which some other developers are also returning to their ambitions due to the return or business challenges.

The announcement has been hours from the Norwegian State Energy Group and the main Ørsted: The shareholders said it also reduces renewable energy targets and instead pledged to push more oil to the shareholder’s return and cash flow.

Over the past four years, Carsus chaired almost 80 percent decline in the last four years, as interest rates rose and fade the green stock of the green shares.

In February last year, he tried to arrest the slide, announcing up to 800 jobs, the renewable energy targets, suspending the company’s dividends and leaving three offshore wind markets.

But the group’s shares have fallen again in January after it announced the further gram, which is related to the US offshore wind business, which is offered high costs and strains.

During his annual results on Thursday, Errboe said that during the next three years, the company’s “number one priority” has completed 8.4 gigawatts of the offshore wind under construction in the world. A huge portfolio capable of millions of houses a number

He added that the company “continues to believe in the long-term basis for the restoration of offshore wind and renewable energy” and highlighted the forecasts that the global electricity demand will be doubled.

With its new plans

His offshore wind projects and other construction technologies will take its overall installed capacity, from about 18g V. to more than 27 g V. 2027.

The potential sign of further labor cuts, the company says that it also “measures the base of our expenses and continuously measuring the organization.”

The company claimed that a business plan would not require it to raise new capital. It is still aimed at restoring dividends in 2026.

Errboe added:

RBC analysts said: “It is a positive step, taking into account the funded challenges for business and the lack of loan to growth by the market.”