Ørsted Presses Feds for Tax Credits for Offshore Wind, as Delays Cut into Profitability

Workers unload the first offshore wind turbine blades from Denmark at the New London State Pier on Aug. 16, 2023. (CT Examiner)

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In an early morning call on Wednesday, Ørsted CEO Mads Nipper told investors that current progress on the company’s U.S. offshore wind projects was “unsatisfactory,” and that the Danish energy compan...

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