Shares of power producers rose as traders rotated into defensive sectors.
Norges Bank Investment Management, the arm of Norway’s central bank that manages the country’s $2 trillion sovereign-wealth fund, agreed to buy a 21.8% stake in German electricity transmission system operator TenneT Germany.
Orsted added to its recent gains amid hopes that the Danish company’s development of a Rhode Island offshore wind farm would go ahead.
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
September 24, 2025 17:35 ET (21:35 GMT)
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