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MADS NIPPER CEO has replaced with an immediate impact, as the world's largest window of wind developers in the world to recover from the failed expansion to the United States and revive the price of a masculine share.
The Danish company said that Nipper, who has occupied the higher position since 2021, will be replaced on February 1 by Rasmus Errboe, Executive Vice President and chief commercial official.
The departure of Nipper comes yet Ørsted This month, new companies announced their American business, as they blamed the impact of high interest rates and unconfirmed expectations for the market.
“The effects of our business in the difficult situation are increasingly in the marine wind industry, starting with the sequence of supply chain and increasing interest rates, to a changing organizational scene, which means that our focus has turned.”
Donald Trump's return to the White House deepened the company's challenges in the United States, as high interest rates and supply chain turmoil have already threatened the success of its aggressive expansion.
Trump, who pledged to reflect a lot of Biden administration's support for the renewable energy resource sector, has suspended new sea wind lease contracts in the United States.
Formerly known as Danish oil and natural gas, an example was welcomed as how to successfully transform the fossil fuel product into green energy.
But a mixture of high interest rates and increasing investors' doubts about the speed of the world's move away from fossil fuels has fallen into its progress. The shares of Ørsted have declined by 80 percent since Nipper took over the peak of the mutation in ESG shares.
The group shares increased by 0.5 percent in the morning trading in Copenhagen.
He pushed it to the nascent beach in America Wind market She was at the heart of her difficulties, partly due to the unparalleled supply chain in the country and the arduous rules around the installation ships.
The company announced billions of dollars in November 2023 after staying away from two main American projects.
Disabilities in the exit of its president in the money at the time and the chief operational official, but Nipper remained with the support of the council, saying that he is “full accountability” about his problems, but “he will fight with everything I have” to return the company to the path.
He made comments as he announced plans in February 2024 to reduce 800 jobs, retract some external wind markets and suspend the distribution of the company's profits, in an attempt to rid and re -focus business.
However, this month has announced new views of its American business, which total 122.1 billion dollars ($ 1.7 billion) and asking more questions about the credibility of the administration.
ØRSted now has approximately 16 GB of wind and solar power installed all over the world, most of which are marine winds. During the first nine months of last year, he achieved profits from DKR6.1 billion.
