Danish energy and fibre-optic group Andel has pledged to invest DKK 3 billion (USD 472m/EUR 402m) as part of Ørsted’s A/S (CPH:ORSTED) <a href="https://renewablesnow.com/news/rsted-kicking-off-eur-8bn-rights-issue-to-boost-finances-1281599/" target="_blank">rights issue</a> so as to keep its 5% shareholding in the offshore wind major.