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 ...
Trump throws wrench into offshore wind, putting New York’s clean energy plans in doubt
The first Trump administration lost more than three-quarters of the court cases against its regulatory actions, according to ...
World’s largest offshore wind farm maker Orsted takes fresh $1.7 billion write-down in the U.S. as its Trump nightmare begins
Orsted’s Sunrise Wind project, a 924-megawatt offshore wind farm in New York meant to power 600,000 homes, is expected to ...
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 ...
Trump halt on offshore wind power leases hits European companies
European wind shares fell on Tuesday after U.S. President Donald Trump axed support for new offshore wind power on his first ...
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 ...
Ørsted takes $1.7B hit on U.S. offshore wind projects
Danish energy company Ørsted (OTCPK:DNNGY) reported an impairment of DKK 12.1B (~$1.7 billion) for Q4, primarily due to ...
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 ...
Recharge3d
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 ...