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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 Wind project in the U.S. and increased financing costs.
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 ($1.69 billion) in the fourth quarter, citing a delay and higher costs for its Sunrise Wind project,
Orsted flags $1.7 bln impairment on Sunrise Wind delays, increased costs
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 ...
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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, ...
3d
Orsted Shares Plunge on $1.7 Billion Impairment
Shares in the renewable-energy company sank to the bottom of the Stoxx Europe 600 index Tuesday after it announced the fourth ...
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