Ørsted deems impairment of Sunrise project a one-off
Yesterday Ørsted flung a form of doubled-charged accounting bomb. On one hand, preliminary financial results showed that the Danish utility had secured its ”highest EBITDA to date” thanks to farm-downs. On the other, the news revealed that Ørsted has had to recognize a DKK 2.5bn (EUR 336m) impairment from the US offshore wind project Sunrise Wind.
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