Andel sells 22.8M Ørsted shares at DKK 135.50, stock drops at open

Denmark's largest energy company Andel has sold 22.8 million shares in wind power firm Ørsted at DKK 135.50 per share, raising nearly DKK 3.1 billion. The sale follows a course reversal in Ørsted's stock, and the shares fell at the market open on Wednesday. This signals a major shareholder reducing exposure, potentially reflecting concerns about the company's valuation or strategic direction.