Offshore

Another energy major forced to impair US offshore wind farms

Equinor cuts USD 300m from its US-based wind projects. Authorities recently declined to provide further support.
Photo: Oeyvind Gravaas/Reuters/Ritzau Scanpix
Photo: Oeyvind Gravaas/Reuters/Ritzau Scanpix
by NIKLAS KRIGSLUND

Norwegian major Equinor is the latest energy company to recognize that the economics of offshore wind have become increasingly difficult to make sense.

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