comparemela.com

Orsted A/S shares dropped to a six-year low after New York regulators rejected a cost adjustment for offshore wind farms, prompting investor fears about a further writedown for one of the company’s US projects. ...Orsted already warned of impairments of as much as 16 billion Danish kroner ($2.3 billion) to its US portfolio in August. The New York ruling deals another blow to the Sunrise Wind project, which was already being held up by supplier delays. The adjustments sought by Orsted, Equinor ASA and others would have burdened consumers with as much as $12 billion in added costs.

Related Keywords

Denmark ,Copenhagen ,Køavn ,Portugal ,White House ,District Of Columbia ,United States ,New York ,Danish ,Javier Garrido ,David Hardy ,Goldman Sachs Group Inc ,York Public Service Commission ,Jpmorgan Chase Co ,Citigroup Inc ,Eversource Energy ,New York Public Service Commission ,Sunrise Wind ,Jenny Ping ,Executive Officer Mads Nipper ,Inflation Reduction Act ,Ocean Wind ,Revolution Wind ,Goldman Sachs Group ,Vestas Wind Systems ,Growth Index ,Taxes Amp Subsidies ,Offshore Wind ,New Jersey ,

© 2024 Vimarsana

comparemela.com © 2020. All Rights Reserved.