MT
Højgaard,
Europe’s
most
experienced
engineering,
procurement
and
construction
contractor
for
offshore
wind
foundations,
reported
a
pre-tax
loss
of
DKr335m
($58.9m)
for
2011,
compared
to
profit
of
DKr100m
in
2010,
as
it
accounted
for
“potential
damages”
it
may
face
from
existing
offshore
wind
farms.
The
loss
came
even
as
revenues
at
the
company
rose
12%
to
DKr1.0bn.
Jørgen
Nicolajsen,
the
deputy
chair
of
the
board
of
directors,
has
been
appointed
acting
chief
executive,
while
the
company
assesses
both
internal
and
external
candidates
for
the
role.
The
emergence
of
“settlements”
between
the
foundation
piles
and…
