Offshore

Ørsted halts two major offshore wind projects in the US

The Ocean Wind 1 and 2 projects are slowed down, while another major project continues. At the same time, Ørsted again books major impairments.
According to the company, the impairments are mainly due to supply chain delays and rising interest rates. | Photo: Sean D. Elliot/AP/Ritzau Scanpix
According to the company, the impairments are mainly due to supply chain delays and rising interest rates. | Photo: Sean D. Elliot/AP/Ritzau Scanpix
by Ritzau and ShippingWatch

Ørsted is not proceeding with the Ocean Wind 1 and 2 projects in the US and has written down a total of DKK 28.4bn (USD 4bn) for the first nine months of 2023, the company announced in its interim report for the first nine months of the year.

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