Ørsted controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
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2023
Ocean Wind cancellations and major impairments
Ørsted’s decision to stop developing Ocean Wind 1 and Ocean Wind 2 exposed severe economic and execution pressures in the US offshore-wind market. The company cited supplier delays, inflation, higher interest rates, permitting uncertainty and deteriorating project economics, and recorded substantial impairment losses and cancellation-related provisions.
2014
Political controversy over Goldman Sachs stake sale
The sale of an 18% stake in DONG Energy to New Energy Investment, a Goldman Sachs affiliate, was heavily criticised in Denmark. The controversy contributed to a split within the governing coalition and the withdrawal of ministers from the Socialist People’s Party.