HomeNewsWorld NewsOrsted Books Impairments, Walks Away From U.S. Offshore Projects

Orsted Books Impairments, Walks Away From U.S. Offshore Projects

Orsted booked a $4 billion impairment charge in the third quarter related to its U.S. offshore wind portfolio and said it will stop development of two wind farm projects off the coast of New Jersey amid spiraling costs and supplier delays.

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