Danish developer blames interest rates, supply chains and ‘market uncertainties’ for the latest impairment

Financial Times

London

Greater London

England

United Kingdom

Ørsted announces further writedown on its US offshore wind business

Billion-dollar write-downs are due, among other things, to interest rate increases and delays on projects in the US, writes Ørsted.

Milliardnedskrivninger skyldes blandt andet rentestigninger og forsinkelser på projekt i USA, skriver Ørsted

Kæmpe nedtur for Ørsted: Nedskriver for milliarder

Ekstra Bladet

JP/Politikens Hus

Denmark

Huge downturn for Ørsted: Writes down billions

Billion-dollar write-downs are due, among other things, to interest rate increases and delays in projects in the US, Ørsted writes.

Milliardnedskrivninger skyldes blandt andet rentestigninger og forsinkelser p� projekt i USA, skriver �rsted.

»Meget skuffende«: Ørsted nedskriver for 12,1 milliard i fjerde kvartal

Media Bias/Fact Check

Politiken

Copenhagen

"Very disappointing": Ørsted writes down 12.1 billion in the fourth quarter

Orsted's latest impairment came on the same day Trump banned new offshore wind licenses.

Ad Fontes Media

All Sides

Fortune

Chatchaval Jiaravanon

New York

United States

Orsted takes fresh $1.7 billion write-down in U.S. as its Trump nightmare begins

Nikkei Inc.

Europe’s wind energy and renewable companies were pressured after President Trump signed an executive order on Monday to halt US offshore wind lease sales in federal waters temporarily. Adding to the industry-wide gloom, Danish offshore wind developer Orsted revealed impairment charges that exceeded Wall Street analyst expectations.  Shares of Orsted plunged as much as 18% in Copenhagen – the most since November 2023 – […]

Zero Hedge

Orsted Shares Plunge Amid "Surprise" Impairment News & Trump's Offshore Wind Lease Halt  - Nemos News Network

The world's largest offshore wind energy developer has announced sharp declines in its US business, leading to a collapse...

Cel mai mare dezvoltator de energie eoliană offshore din lume a anunţat scăderi puternice ale afacerilor sale din SUA, ceea ce a dus la o prăbuşire...

Retragerea lui Trump din Green New Deal loveşte în plin producători de energie verde: Acţiunile gigantului danez Ørsted , cel mai mare dezvoltator de energie eoliană offshore din lume, s-au prăbuşit după învestirea lui Trump

ZF.ro

Ilfov County

Romania

Trump's withdrawal from the Green New Deal hits green energy producers hard: Shares of Danish giant Ørsted, the world's largest offshore wind energy developer, crashed after Trump's inauguration

Ørsted will write down DKK 12.1 billion in the fourth quarter of 2024. The write-down is due, among other things, to interest rate hikes and delays at the Sunrise Wind offshore wind farm in the United States. This is what Ørsted writes in...

Ørsted nedskriver for 12,1 milliard kroner i fjerde kvartal af 2024. Nedskrivningen skyldes blandt andet rentestigninger og forsinkelser på havvindmølleparken Sunrise Wind i USA. Det skriver Ørsted i ...

»Meget skuffende«: Forsinket vindmøllepark tvinger Ørsted til at nedskrive for 12,1 milliard kroner

Jyllands-Posten

Aarhus

'Very disappointing': Delayed wind farm forces Ørsted to write down DKK 12.1 billion

Equinor-owned Ørsted wrote down values by 19 billion. The stock is falling.

Equinor-deleide Ørsted skrev ned verdier for 19 milliarder. Aksjen faller.

Ørsted-aksjen stuper etter milliardsmell

Oslo

Norway

Ørsted shares plunge after billion-dollar hit

Ørsted writes down 12 billion kr. Energy company Ørsted must once again swallow write-downs worth billions. The new write-down is 12.1 billion kr. in the fourth quarter of 2024, the company announced.

Ørsted nedskriver for 12 mia. kr.Energiselskabet Ørsted må endnu en gang sluge nedskrivninger for et milliardbeløb.  12,1 mia. kr. i fjerde kvartal 2024 lyder den nye nedskrivning på, oplyser sel

Ørsted nedskriver for 12 mia. kr.

borsen.dk

Ørsted writes down DKK 12 billion.

The Entire Business World on a Single Page with the Web's Most Comprehensive One-Stop Finance News Hub.

BizToc

Orsted Takes $1.7 Billion Hit on Mounting Costs of Offshore Wind

Donald Trump

Wind Power

Business

Equinor

Green New Deal

Stock Markets

Politics

Inauguration

Denmark Economy

Denmark Politics

The Maritime Executive

www.dn.no

finans.dk

Energy News for the United States Oil & Gas Industry | EnergyNow.com

Recharge | Renewable Energy News

Consenso del Mercado

breakingviews.com

avisendanmark.dk

RocketNews

diarioestrategia.cl

tv2kosmopol.dk

elperiodicodelaenergia.com

morningstar.co.uk

windtech-international.com

Ørsted announces further writedown on its US offshore wind business

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