- - Offshore wind group Orsted turns to net loss in Q3 following US woes under Trump

ReutersNovember 5, 2025 at 4:07 AM

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FILE PHOTO: A view shows the logo of the company Orsted at its offices in Gentofte, Denmark September 5, 2025. REUTERS/ Tom Little/File Photo

COPENHAGEN (Reuters) -Orsted, the world's biggest offshore wind farm group, swung to a quarterly net loss of 1.70 billion Danish crowns ($265,50 million), it said on Wednesday, hit by U.S. President Donald Trump's trade policies and resistance to renewable energy.

($1 = 6.4029 Danish crowns)

(Reporting by Stine Jacobsen and Louise Rasmussen, editing by Terje Solsvik)

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