The new economic and financial environment has proven devastating for the beneficiaries in the wind energy sector, companies that had promised cheap electricity from the wind until recently. This is what happens when you start believing your own illusions, which do not hold up against the laws of physics and the normalization of financing costs, which can no longer be "suppressed" by central banks.
Wind energy bubble is bursting as Orsted share price collapses invezz.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from invezz.com Daily Mail and Mail on Sunday newspapers.
A senior ESG executive at the €277 billion Dutch pension fund points to the challenges of measuring the social impact of investments, cautioning against the dangers of exaggerated claims.