US offshore wind writedowns seen soaring with Orsted earnings
Companies Orsted A/SFollow Avangrid IncFollow Bp PlcFollow Show more companies Oct 31 (Reuters) - European energy companies, including Denmark's Orsted (ORSTED.CO), will likely write down more of their U.S. offshore wind investments this week after BP (BP.L) and Equinor (EQNR.OL) booked $840 million in impairments in recent days. Orsted, the world's largest offshore wind developer, said in August it may see impairments of 16 billion Danish crowns ($2.3 billion) on its U.S. offshore devel...
Source: wn.com