Ørsted admits risk of loss-generating projects
Ørsted’s current 11GW offshore wind portfolio will generate profit. Just not as much as previous ambitions stipulated, says CEO Mads Nipper.
BY MAZ PLECHINGER, TRANSLATED BY SIMON ØST VEJBÆK
When Ørsted back in February issued green bonds, the company ended up with a fixed coupon rate of 4.125% until maturity on March 1, 2035. The issuance comes exactly two years after loan givers lined up for a similar loan at a coupon rate of 1.5%.
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