Ørsted has approved a capital increase of DKK 60 billion during an extraordinary general meeting. This significant financial move aims to strengthen the company’s financial position and support its ongoing renewable energy projects.

The decision was made following deliberations on the company’s strategic direction and financial needs. The capital injection is expected to provide Ørsted with the necessary resources to execute its ambitious growth plans in the renewable energy sector.

The capital increase will be instrumental in funding key projects and initiatives that are crucial to Ørsted’s long-term strategy. Details regarding the specific allocation of the funds and the timeline for implementation are expected to be released in the coming days.

Shareholders and stakeholders will be closely monitoring the impact of this capital increase on Ørsted’s future performance and its contribution to the global transition towards sustainable energy solutions.