World’s Largest Offshore Wind Farm-Maker Crashes Most On Record After Catastrophic Results
August 30, 2023 at 11:05 AM EDT
Shares of the world’s largest offshore wind farm developer crashed in Copenhagen trading on Wednesday after it warned: “The situation in US offshore wind is severe.” Orsted A/S was hit with a massive 16 billion Danish kroner ($2.3 billion) impairment on its US portfolio due to snarled supply chains, soaring interest rates, and easy money tax […] Source
