
BW Energy, which debuted on the stock exchange in June, has slashed its expected capex level due to the coronavirus pandemic, according to the interim report published Wednesday.
Before the crisis, the company planned with a capex of USD 250 million for 2020. This has now been scaled back to USD 115 million, of which USD 49 million were spent in the first quarter.
Get full access for you and your coworkers.
Start a free company trial todayAlready a member? Log in.