[ad_1] New England utility Eversource Energy (NYSE:ES) is nearing a deal to offload its 50% stake in a 1.8-GW portfolio of contracted US offshore wind projects held through a joint…
Tag: Ørsted
Denmark’s Orsted records US$4bil impairment
[ad_1] Oslo: Denmark’s Orsted says it has recorded a 28.4 billion Danish krone (US$4.03bil) impairment charge for the first nine months of 2023, and that it will cease work on…
Wind Industry Deals With Blowback From Orsted Scrapping 2 Wind Power Projects in New Jersey
[ad_1] ATLANTIC CITY, N.J. (AP) — Wind energy developer Orsted is writing off $4 billion, due largely to the cancellation of two large offshore wind projects in New Jersey whose…
Ørsted shares dive after throwing out US wind projects
[ad_1] Danish renewable energy group Ørsted plummeted on the Copenhagen Stock Exchange on Wednesday, following the cancellation of a huge offshore wind farm project in the US and €3.8 billion…
Ørsted shares tumble after company ditches two US wind projects
[ad_1] Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The world’s largest offshore wind developer Ørsted has abandoned…
Orsted hit by up to $5.6 bln impairment on halted US projects
[ad_1] A view of the turbines at Orsted’s offshore wind farm near Nysted, Denmark, September 4, 2023. REUTERS/Tom Little/File Photo Acquire Licensing Rights Company halts development of 2 US offshore…
Orsted Scraps 2 Offshore Wind Power Projects in New Jersey, Citing Supply Chain Issues
[ad_1] ATLANTIC CITY, N.J. (AP) — Danish energy developer Orsted said Tuesday night it is scrapping two large offshore wind power projects off the coast of New Jersey, adding uncertainty…
Danish company Ørsted pulls out of billion-dollar NJ offshore wind turbines project
[ad_1] 3-minute read Watch: Timelapse construction of tallest wind turbine in the United States From 2016: MidAmerican Energy constructed in Adams County the tallest land-based wind turbine in the nation.…
US offshore wind writedowns seen soaring with Orsted earnings
[ad_1] A view of the turbines at Orsted’s offshore wind farm near Nysted, Denmark, September 4, 2023. REUTERS/Tom Little/File Photo Acquire Licensing Rights Oct 31 (Reuters) – European energy companies,…