Senior analyst: Ørsted's selection for contract negotiations in New York is great news

The alternative could have been new billion-dollar write-downs, analyst says.

Jacob Pedersen is a senior analyst and Head of Equity Research at Sydbank. | Photo: Pr

by MARKETWIRE

Ørsted’s Sunrise Wind project in the US has been selected for contract negotiations in New York, which is great news for the energy group – and of course also for the company’s shareholders, who had feared new billion-dollar write-downs from the US offshore wind business, says Jacob Pedersen, senior analyst and Head of Equity Research at Danish bank Sydbank, to business media MarketWire.

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