Friday, August 15, 2025

Green energy's decline

Wind Giant Orsted Suffers Worst Week On Record As Green Energy Demise Accelerates

https://www.zerohedge.com/markets/wind-giant-orsted-suffers-worst-week-record-green-energy-demise-accelerates 

BY TYLER DURDEN
FRIDAY, AUG 15, 2025 - 04:45 AM

Wind company Orsted A/S was once the poster child of the green energy movement, debuting on European stock exchanges nine years ago. Now, with the green energy industry in shambles as common-sense energy policies return under the Trump administration, Orsted has suffered its worst weekly decline ever, trading far below its IPO price.

At the beginning of the week, Orsted announced a rights offering of up to 60 billion kroner ($9.4 billion), sending shares crashing and leaving them down about 33% by week's end.


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