Wind generator Ørsted blames Trump as shares sink to all-time low
by Jillian Ambrose Energy correspondent from Environment | The Guardian on (#6Z86V)
Danish company makes $9bn cash call as it says business model has been derailed by US policies
Europe's largest wind power company has blamed Donald Trump for derailing its business model, after it announced a $9bn (6.7bn) fundraising and its market value plunged by almost a third.
The share price for Denmark's Orsted tumbled to an all-time low after it told investors on Monday that the extraordinary situation" facing the industry meant it would need to tap shareholders to cover the costs of its plans.
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