World’s biggest offshore wind developer Ørsted slashes investment by 25%
Danish company attempts to recover from botched US expansion and restore struggling share price
![World’s biggest offshore wind developer Ørsted slashes investment by 25%](https://www.ft.com/__origami/service/image/v2/images/raw/https:%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2Fb0e25830-5887-434a-abe8-8144ed9642bc.jpg?source=next-barrier-page)
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