ORSTED A/S -ANR-

Andel Holding placed Orsted shares in an accelerated bookbuilding worth about 3 billion DKK (USD 467m). As a result, Andel’s holding in Orsted is reduced from roughly 5% to around 3.4%, but it remains the third-largest shareholder. Demand quickly covered the offer; the sale comes one year after Andel took part in a capital increase to strengthen Orsted’s balance sheet. » Más en de.investing.com

Barclays moves Orsted from "Underweight" to "Equal Weight" and raises the price target from 117 to 160 Danish kroner. The bank cites a stabilised balance sheet, a streamlined portfolio and management’s prioritisation of returns over volume as reasons for the re-rating. In addition, a renewed gas crisis and a turnaround in auction gains could support a recovery in growth from 2030. » Más en finanzen.net

Orsted has sold its European onshore business to Danish investment firm Copenhagen Infrastructure Partners for €1.44 billion (USD 1.7bn). The transaction includes about 578 MW of operational capacity, 248 MW under construction and a project pipeline for wind, solar and battery storage in Ireland, the UK, Germany and Spain. Orsted says the sale completes the announced divestment programme and substantially strengthens the company’s financial position, CFO Trond Westlie said. » Más en de.investing.com