Orsted flags impairments of about $1.7 billion on US rate increases
Portfolio Pulse from
Denmark's Orsted announced a $1.69 billion impairment charge in Q4 due to U.S. interest-rate increases.
January 20, 2025 | 8:00 pm
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Orsted, trading as DNNGY in the US, announced a $1.69 billion impairment charge due to U.S. interest-rate increases, impacting its financials.
The impairment charge is directly related to U.S. interest-rate increases, which negatively impacts Orsted's financials. This is likely to affect investor sentiment and the stock price negatively in the short term.
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