Fitch Cuts Ørsted’s Outlook to Negative Amid Regulatory Uncertainties
(MT Newswires) — Fitch Ratings on Monday revised its outlook on the BBB long-term issuer default rating of Ørsted (ORSTED.CO) to negative from stable, citing primarily the regulatory uncertainties affecting the company’s US offshore business.
The rating agency expects the Danish renewable energy group to log a second consecutive year of material breach of funds from operations net leverage for 2025. Fitch affirmed the company’s rating amid the outlook change.
