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Vattenfall turned from profits to a major loss last year, mostly due to write-downs of fossil-fuel assets, but the Swedish utility wants wind power to continue to account for the largest share of a hugely diminished pie of “growth investments.”

Vattenfall loss amid fossil write-off

Vattenfall turned from profits to a major loss last year, mostly due to write-downs of fossil-fuel assets, but the Swedish utility wants wind power to continue to account for the largest share of a hugely diminished pie of “growth investments.”

Vattenfall turned from profits to a major loss last year, mostly due to write-downs of fossil-fuel assets, but the Swedish utility wants wind power to continue to account for the largest share of a hugely diminished pie of “growth investments.”