News Formal

Orsted shares tumble after company ditches two US wind projects

  • 📰 IrishTimes
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 98%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

Danish developer will take a charge of $4bn as challenges at its US business deepen

The world’s largest offshore wind developer Orsted has abandoned two key US projects and announced a higher than expected writedown of its portfolio, sending shares in the group down more than 20 per cent.

The company had warned in August that it expected to write down the value of its US assets by a potential DKr16bn because of problems with Ocean Wind 1 and other projects. The group’s shares, which are listed in Copenhagen, were down by a fifth in early trading, extending their drop this year to 57 per cent.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 3. in BE

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Want to start your own food business? These entrepreneurs have some advice for youThree of the current participants in the accelerator programme Food Works share their story
La source: businessposthq - 🏆 8. / 71 Lire la suite »