
CharlieChesvick/iStock Unreleased via Getty Images
The Danish energy company Ørsted (OTCPK:DNNGY) reported a fourth-quarter impairment of DKK 12.1 billion (~US$1.7 billion), mainly due to problems with its US wind projects.
The failure is attributed to several factors, including rising US interest rates, devaluation of seabed leases and increased