Ørsted, a leading renewable energy company, has made significant financial moves to bolster its offshore wind market position. They raised sixty billion Danish kroner through a rights issue and sold a fifty percent stake in Hornsea Three, aiming to strengthen their balance sheet and support long-term plans. Despite weaker wind conditions, Ørsted maintains its full-year earnings guidance for 2025, expecting between twenty-four and twenty-seven billion Danish kroner. The company is investing heavily in an eight point one gigawatt portfolio of offshore wind projects, with the financial maneuvers generating sixty billion Danish kroner. Ørsted reported earnings for the first nine months of 2025, with earnings before interest, taxes, depreciation, and amortization at eighteen point six billion Danish kroner, down twenty-one percent from the previous year due to one-time cancellation fee reversals. However, excluding those effects, earnings remained stable, and net profit rose seven percent year-over-year. To enhance competitiveness, Ørsted plans to reduce its workforce by about two thousand positions by 2027, focusing on European offshore projects following project cancellations and financial write-offs in the United States.

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