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(Bloomberg) -- Orsted A/S agreed to buy out its joint venture partner in a New York offshore wind farm after abandoning two New Jersey projects last year and taking $4 billion in impairment charges.Most Read from BloombergRussia Says Ukraine Downed Plane Carrying Prisoners for SwapTesla Flags ‘Notably Lower’ Growth as It Builds Low-Cost CarBillionaire Joe Lewis Pleads Guilty in Insider Trading CaseTrump Races Toward 2024 Biden Rematch After New Hampshire WinApple Dials Back Car&#x2...

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(Bloomberg) -- Orsted A/S, the biggest developer of offshore wind farms, plans to spend 350 billion Danish kroner ($57 billion) by 2027 to be the world’s leading green energy provider.

Orsted Enters $2.7 Billion Deal to Sell Stake in Taiwan Bloomberg 12/29/2020 Kati Pohjanpalo © Bloomberg An offshore wind turbine, operated by Swancor Holding Co., stands in the Taiwan Strait off the coast of Miaoli County, Taiwan, on Thursday, July 26, 2018. Since a disastrous 2011 reactor meltdown in Japan, more than 1,400 miles (2,250 kilometers) away, Taiwan has rewritten its energy plans. President Tsai Ing-wen ordered all of the countrys nuclear reactors to shut by 20...