The delay in the construction of a wind farm in the United States and the rejection of the project of Europe's largest plant for the production of ecological methanol brought Danish Orsted another depreciation — by $ 580 million.
"Chief Executive Officer Mads Nipper's plan to revitalize the Danish wind energy leader demonstrates that there is still a long way to go before it bears fruit. In total, the company suffered damage in the amount of 3.9 billion Danish crowns ($ 580 million)," Bloomberg reports.
"It's disappointing and unsatisfactory," Mads Nipper himself told reporters.
Danish Orsted is a world leader in the development of offshore wind farm projects and last year announced the abandonment of two US projects. Then the company wrote off assets by $ 4 billion.
In the second quarter of this year, the energy giant announced a delay in the Revolution Wind project with a capacity of 704 MW off the coasts of Connecticut and Rhode Island.
In addition, Orsted has abandoned a project to produce ecological methanol in Sweden. FlagshipONE was to become the largest in the history of the production of environmentally friendly fuel for shipping. In 2022, Orsted made a final investment decision, but could not find buyers for products worth $ 175 million.
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