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 latest impairment came on the same day Trump banned new offshore wind licenses.
Orsted Shares Sink on Writedown and Trump’s Anti-Wind Orders
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 ...
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Orsted takes $1.7bn hit on US offshore wind project turmoil
Danish developer Orsted took a total DKr12.1bn ($1.68bn) impairment in the fourth quarter 2024 due to stubbornly high US interest rates, supply chain turmoil in its Sunrise Wind array, and plummeting ...