Page 13 - Commonwealth Wind News Today : Breaking News, Live Updates & Top Stories | Vimarsana

The Interior Department on Tuesday approved a plan to install 176 giant wind turbines off the coast of Virginia, which would be the nation's largest

(Reuters) -European energy companies, including Denmark's Orsted, will likely write down more of their U.S. offshore wind investments this week after BP and Equinor 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 developments due to supply chain problems, soaring interest rates and a lack of new tax credits. Orsted, which was not immediately available for comment, will post its third quarter earnings on Wednesday.

By Scott DiSavino (Reuters) - European energy companies, including Denmark's Orsted, will likely write down more of their U.S. offshore wind investmen...

The decision comes as other projects to build wind farms along the Atlantic Coast have run into trouble.

Avangrid, Inc. (NYSE:AGR) Q3 2023 Earnings Call Transcript October 28, 2023 Operator: Good morning, ladies and gentlemen. Welcome to Avangrid’s Third Quarter 2023 Earnings Conference Call. At this time, all participants are in a listen-only mode, and please be advised that this call is being recorded. After the speakers’ prepared remarks, there will be a […]