Orsted A/S (ORSTED.CO)
15 Feb 2019
BERLIN A setback for Danish energy group Orsted's plans to sell its domestic power network and private customer businesses will not derail its global expansion drive, the company's head of offshore wind said on Wednesday.
* Looking for partners for 1.14 GW German build to 2025 (Adds additional executive comments, context)
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.
Jan 14 The following bids, mergers, acquisitions and disposals were reported by 2100 GMT on Monday:
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.
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.
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.
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.
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.
LONDON The world's largest offshore wind farm will open on Thursday off the northwest coast of England when Danish energy group Orsted unveils the Walney Extension project. | Video