EQNR's US Wind Projects Incur $955M Impairment Over Regulatory Changes
Key Takeaways Equinor reported 763M of impairments stem from Empire Wind 1 and South Brooklyn; Phase 2 may not proceed without tax credits.Equinor ASA (EQNR) , a Norwegian integrated energy company, stated that it has incurred impairment costs of $955 million associated with its U.S. offshore wind projects. During its second-quarter ear ...