Utilities
Orsted ‘Surprise’ Credit Downgrade Caps Worst Week on Record
Orsted A/S was downgraded to the lowest tier of investment grade by S&P Global Ratings on increasing risks to its US offshore wind business as the Trump Administration moves to halt the sector’s development.
UK Battery Developer Aims to Raise Millions for Europe Expansion
UK battery developer Harmony Energy Ltd. is planning a capital raise as it pushes into new markets in Europe, where surging wind and solar are straining grids and boosting demand for storage.
French Nuclear Outages Caused by Jellyfish Are Being Extended
Electricite de France SA said two reactors which were taken offline due to jellyfish clogging up a pump would be out of service for longer than initially planned.
