Ørsted one weak month from downgrading

While the roulette ball has landed in black seven times in a row, the likelihood of it happening eight times doesn't increase, says Ørsted CEO Mads Nipper upon word that wind conditions must improve in the remainder of year to save the company financials.

by MAZ PLECHINGER

The world's largest offshore wind farm developer has seen extraordinarily poor wind conditions during the year's first seven months.

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Ørsted expects "significantly lower" results from offshore wind
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