Ørsted faces $1.7 billion impairment due to US headwinds By Investing.com
COPENHAGEN – Danish energy company Ørsted A/S has announced significant impairments totaling DKK 12.1 billion ($1.7 billion) for the fourth quarter of 2024, attributing the financial setbacks to rising US interest rates, devaluation of seabed leases, and increased costs in executing the Sunrise Wind project. The impairments are primarily due to a 75-basis-point increase in […]
Ørsted faces $1.7 billion impairment due to US headwinds By Investing.com Read More »