Orsted rises as shareholders approve $9.4B rights issue

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Closeup of a wind turbine nacelle on blue sky. Closeup of a wind power plant on blue sky.

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  • Orsted (OTCPK:DNNGY) A/S shareholders approved a 60 billion Danish kroner ($9.4 billion) rights offering on Friday, shortly after the company issued a new profit warning.
  • Orsted shares, which have fallen nearly 90% from a 2021 peak, were last seen up around 4.2%.

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