Ørsted to raise $9.4 billion in rights issue amid U.S. market challenges
TL;DR Summary
Orsted's shares dropped over 25% after the company announced a $9.4 billion rights issue due to adverse developments in the U.S. market, which prevented it from raising funds through a stake sale in the Sunrise Wind project.
- Orsted plunges 26% as it plans $9.4 billion rights issue after ‘adverse' turn in U.S. market CNBC
- Energy firm Orsted weighs up to 5 billion euros rights issue, Bloomberg News reports Reuters
- Ørsted plans to raise $9bn in rights issue to shore up finances Financial Times
- Stock Movers: Orsted, S4 Capital, Rheinmetall Bloomberg.com
- Denmark's Orsted plans to raise $9.4 billion in rights issue Yahoo Finance
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