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Long dependent on fossil fuels before emerging a champion of offshore wind power, Danish company Orsted is now struggling to restore its business after dropping several major projects. Orsted was ...
(Bloomberg) -- Orsted A/S shares slumped after it recorded a $1.7 billion hit on its earnings as the cost of building offshore wind farms in the US keeps rising, complicating the company’s ...
COPENHAGEN, Jan 20 (Reuters) - Offshore wind developer Orsted (ORSTED.CO), opens new tab on Monday posted an impairment charge of 12.1 billion Danish crowns ($1.69 billion) in the fourth quarter ...
Orsted full-year earnings landed within its guidance range despite a 12.1 billion Danish kroner ($1.69 billion) impairment in the fourth quarter amid higher costs at its Sunrise Wind project in ...