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BURBO BANK, Liverpool -Bee, England, is viewed from the BURBO wind farm on the UK coast.
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On Monday morning, Orsted shares were smashed more than 25%after the wind farm developer said he plans 60 billion Danish crowns ($ 9.4 billion), after “material unfavorable development” in the US market.
The company stated that this turn of events could not raise funds from the planned partial deprivation of its wind from the New York coast.
Orsted offers existing shareholders first refusal to new actions as part of the planned step.
The shares were 25.5% lower by 9:09 am in London (4:09 am).
This broken news is updated.
