Renewables giant Orsted exits several offshore wind markets, pauses dividend after turbulent year

Renewables giant Orsted exits several offshore wind markets, pauses dividend after turbulent year

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Burbo Bank, Liverpool Bay, England, viewed from the sea turbines on Burbo wind farm off the UK coast. Danish renewables giant Orsted on Wednesday announced plans to cut jobs, pause its dividend payouts to shareholders and exit several offshore wind markets after a tumultuous year of rising costs.…

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