Markets and finance

New Orsted boost as major shareholder piles into rights issue

Energy company Andel backs its Danish compatriot Orsted, saying that despite ‘significant challenges’ in the US it is taking ‘long-term view’

Rasmus Errboe was handed the Orsted CEO job in January with a mission to put the troubled Danish utility back on a firmer financial footing, but has faced huge challenges since then.
Rasmus Errboe was handed the Orsted CEO job in January with a mission to put the troubled Danish utility back on a firmer financial footing, but has faced huge challenges since then.Photo: WindEurope/Gregory De Leeuw
Journalist
Published 23 September 2025, 13:24Updated 23 September 2025, 13:24
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