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July 20, 2024
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Eversource Takes Hit of up to $1.6B on Offshore Wind
Eversource Takes Hit of up to $1.6B on Offshore Wind Fourth-quarter Impairment Comes Amid Sale Negotiations
The South Fork Wind substation installed by Orsted and Eversource is shown in December.
The South Fork Wind substation installed by Orsted and Eversource is shown in December. | NYSERDA
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Eversource will take a fourth-quarter 2023 impairment of up to $1.6 billion due to the ongoing struggles of its offshore wind joint ventures with Ørsted.

NYSERDAOffshore Wind Power