Shell's former US offshore wind leader Orsted replaces Shell's executive

Amanda Dasch, Shell's director of renewables for the Americas, will join Danish offshore wind company Orsted as its head of U.S. operations in January.

Shell has announced that it will stop investing in new offshore wind farms as CEO Wael Sawan concentrates on higher-margin operations.

Dasch has spent the majority of her career in Shell's upstream oil and natural gas division. She has been leading Shell's offshore development in North America since 2022 and renewables in South America.

Orsted, a Danish company, announced in a Monday statement that she will be joining the company on January 13.

Orsted's fortunes have taken a drastic turn in the last few years, due to inflation in supply chain costs and technical problems.

In recent years, the company has recorded billions of dollars in impairments as a result of project cancellations and delays on U.S.-based projects.

Orsted has announced that it currently has 11 gigawatts worth of projects in the Americas.

Rasmus Errboe, Orsted's deputy CEO, said: "We are thrilled to welcome Amanda as part of our leadership team. We will use her 20+ years energy experience in the U.S. in order to guide and progress our plans for building an American energy sector across technologies including onshore and offshore wind, solar and battery storage."

(source: Reuters)