Offshore wind group Orsted turns to net loss in Q3 following US woes under Trump

Offshore wind group Orsted turns to net loss in Q3 following US woes under Trump

Offshore wind group Orsted turns to net loss in Q3 following US woes under Trump

COPENHAGEN (Reuters) -Orsted, the world’s biggest offshore wind farm group, swung to a quarterly net loss of 1.70 billion Danish crowns ($265,50 million), it said on Wednesday, hit by U.S. President Donald Trump’s trade policies and resistance to renewable energy.

($1 = 6.4029 Danish crowns)

(Reporting by Stine Jacobsen and Louise Rasmussen, editing by Terje Solsvik)

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