Ørsted heralds end of golden age in offshore wind
Despite continued expansion, Ørsted expects the lowest result in five years from its crucial offshore wind business. A different approach to divestments could save the development, however.
Less than two weeks after taking up the CEO mantle, Mads Nipper released his first big news Tuesday evening CET: Even with Covid-19, the utility managed to exceed its already upgraded guidance and now expects to book an operating result of DKK 18 billion (EUR 2.4 billion) for 2020.
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