Ørsted sees "negligible" risk of not landing New York project
Although helped by an increased federal subsidy rate, the revaluation of Sunrise Wind will be less than hoped for when and if negotiations for a new contract are completed, Ørsted CEO admits.
It’s always darkest just before dawn. This is also the case for Ørsted, which over the past six months has been through a stormy winter night caused by the failed US offshore wind projects. But the first ray of sunshine came last week when the authorities in New York selected the Danish energy company’s Sunrise Wind project for negotiations on a new contract.
Already a subscriber?Log in here
Read the whole article
Get access for 14 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.
.jpg&w=384&q=75){kind=logo}
