Orsted hit by up to $5.6 bln impairment on halted US projects

Orsted hit by up to $5.6 bln impairment on halted US projects

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Renewable energy firm Orsted (ORSTED.CO) on Wednesday halted the development of two U.S. offshore wind projects and said related impairments could spiral to as much as 39.4 billion Danish crowns ($5.58 billion). The stock, which had dropped about 40% since August, plunged another 22% in early…

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