Equinor Takes $1B Impairment on U.S. Offshore Wind
Costs of Empire Wind 1, Bleak Future of Nation's OSW Market Cited
Work is shown in late 2024 on the offshore wind hub Equinor is building on the Brooklyn waterfront. | Equinor
Jul 27, 2025
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Equinor is taking a nearly $1 billion impairment on its U.S. offshore wind development efforts, blaming the Trump administration’s anti-wind power crusade for the impact.
