Ørsted is selling its entire European onshore renewables business for $1.7 billion to strengthen its balance sheet after a turbulent period for the offshore wind sector. Ørsted, the world’s largest of...
Danish wind farm operator Orsted said on Tuesday it had agreed to sell its European onshore renewables business to private equity group Copenhagen Infrastructure Partners for 1.44 billion euros ($1.7 ...
Facing staunch local opposition and federal roadblocks, new wind project development is teetering on the brink, despite growing power demand. Even Iowa, the nation’s most wind-powered state, is “close...
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Rigs drilling beneath the deep waters of the Gulf of Mexico will drive U.S. oil industry growth this year and next as onshore production slows due to lower prices and maturing shale fields, and analys...
