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 ...
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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 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 ...
Trump Halt on Offshore Wind Power Leases Hits European Companies
COPENHAGEN (Reuters) -Shares in European wind power companies fell on Tuesday after U.S. President Donald Trump suspended ...
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Orsted suffering ‘recurring nightmare’ in the US – ‘and things can still get worse’
Share price of Danish renewables champion has taken a kicking in recent months through combination of Trump attacks, ...
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 ...
Orsted’s Hold Rating: Balancing Impairments and Long-term Commitment Amid Project Developments
In a report released on January 20, Ahmed Farman from Jefferies maintained a Hold rating on Orsted (DOGEF – Research Report), with a price ...
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 ...
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Orsted takes $1.67bn Q4 hit on high US interest rates and Sunrise offshore wind project turmoil
CEO blamed surging project costs and delayed commissioning along with plunging value of American seabed leases due to Trump ...