Orsted’s announcement of massive potential impairment charges “is negative for sentiment across the [wind] industry”, Deutsche Bank analyst Gael de-Bray said.
The Danish developer this week said it foresees up to DKr16bn ($2.3bn) in impairments on its near-term US offshore wind portfolio due to "supplier delays", additional costs if the projects don't receive federal investment tax credit (ITC) adders, as well as soaring interest rates.
