World’s largest offshore wind farm maker Orsted takes fresh $1.7 billion write-down in the U.S. as its Trump nightmare begins
Danish offshore wind giant Orsted faced a fresh stock market hammering on Tuesday after the group announced a new ...
Crain's New York2d
NY offshore wind developers brace for billions in losses on heels of executive order
Developers behind New York’s offshore wind projects are grappling with the prospect of billions of dollars in potentially ...
Orsted flags $1.7 bln impairment on Sunrise Wind delays, increased costs
Denmark's Orsted announced on Monday an impairment charge of 12.1 billion Danish crowns ($1.69 billion) in the fourth quarter ...
U.S. Wind Power Faces Huge Challenges After Trump Orders a Crackdown
In a sweeping order, President Trump halted federal approvals for new wind farms, in a move that could affect projects on ...
Orsted Hits Earnings Target Despite $1.7 Billion Impairment on U.S. Project Delays
Orsted’s full-year earnings landed within its guidance range despite a 1.69 billion impairment on higher costs at its Sunrise ...
Factbox-European Companies Exposed as Trump Takes Aim at US Offshore Wind
Former President Joe Biden supported the offshore wind industry, setting a target for 30 gigawatts (GW) of projects by 2030, ...
European green energy companies hit by Trump's anti-wind policy
Investors jumped after U.S. President Donald Trump ended support for new U.S. offshore wind power on his first day in ...
Recharge2d
Orsted CEO insists troubled US project Sunrise Wind can make profit
Mads Nipper comments on $1.7bn in impairments from US offshore wind troubles but refuses to comment on impact of Trump decree ...
Orsted flags $1.7 billion impairment on Sunrise Wind delays, increased costs
COPENHAGEN (Reuters) -Offshore wind developer Orsted on Monday posted an impairment charge of 12.1 billion Danish crowns ...