Orsted Plans to Reinstate Dividend Even After Profit Misses

Orsted A/S plans to reinstate dividends and ramp up spending this year, even after a string of expensive setbacks in the US clouded the company’s turnaround efforts.

The renewables developer intends to raise investments to as much as 55 billion Danish kroner ($8.7 billion) in 2026 and return cash to investors for the first time since 2023, it said in a statementBloomberg Terminal.