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Ørsted shares plummet 25 percent after it reveals US troubles

Lena Hunter
August 31st, 2023


On Wednesday, the world’s largest wind company predicted a DKK 16 billion down-valuation of its US portfolio, causing flighty investors to dump stock and slash the company value by DKK 60 billion.


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Ørsted cites US supply chain problems in its down-valuing (photo: Harald Pettersen)

On Wednesday, the world's largest wind company predicted a DKK 16 billion down-valuation of its US portfolio, causing flighty investors to dump stock and slash the company value by DKK 60 billion.

Gain unlimited access to all of The Copenhagen Post

Our independent reporting can only be published with support from our readers.

Monthly subscription

119

DKK/month.

(Billed once a month)

Give us a try

6 month subscription

99

DKK/month.

(Billed twice a year)

Save 120 DKK

Yearly subscription

79

DKK/month.

(Billed once a year)

Save 480 DKK

Save with a company subscription?


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