News
04 March 2025

Ocean Winds books impairment for SouthCoast Wind

In:
Renewables
Region:
Americas

EDP Renewables' Ocean Winds subsidiary has booked a €133 million ($140 million) impairment for its US offshore business. The impairment is due to current uncertainty surrounding US offshore projects and assumes a four-year delay for the 2.4GW SouthCoast Wind project off the coast of...

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