Close Menu
  • Home
  • News
    • Solar
    • Wind Energy
    • Bioenergy
    • Geothermal
    • Grid
    • Hydrogen
    • Hydropower
    • Ocean Energy
    • Politics
  • Climate
  • Energy Storage
  • Finance
  • Opinions
  • Peoples
  • Smart Energy
  • Transportation
  • Study
  • —
  • Account
  • Log In
Facebook X (Twitter) Instagram
  • About Us
  • Advertising
  • Privacy Policy
  • Contact
Facebook X (Twitter) LinkedIn WhatsApp
Account Friday, September 19
Energymagz
SUBSCRIBE Login
  • Home
  • News
    • Solar
    • Wind Energy
    • Hydropower
    • Hydrogen
    • Geothermal
    • Bioenergy
    • Ocean Energy
  • Region
    • Europe
    • North America
    • Asia
    • Africa
    • Middle East
    • Australia & Oceania
    • Latin America
  • Politics
  • Finance
  • Energy Storage
  • Grid
  • Climate
  • Peoples
  • Study
Energymagz
  • Wind Energy
  • Solar
  • Bioenergy
  • Geothermal
  • Hydropower
  • Ocean Energy
  • Hydrogen
  • Transportation
  • Smart Energy
Home » News » Eversource Energy Faces Impairment Charges in Q4 2023 Amid Offshore Wind Challenges
News

Eversource Energy Faces Impairment Charges in Q4 2023 Amid Offshore Wind Challenges

By James AndersonJanuary 10, 20242 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email Telegram Copy Link
Credit: Ørsted
Share
Facebook Twitter LinkedIn Pinterest Email Copy Link

Eversource Energy has reported impairment charges in its fourth-quarter 2023 earnings, stemming from its interests in joint ventures with Orsted involved in the development of the South Fork, Revolution, and Sunrise offshore wind farms in the United States. The company anticipates an after-tax impairment charge ranging between $1.4 billion and $1.6 billion. This includes $800

To continue reading this article, please subscribe:

Monthly Plan

Price: $30 / month

Features:

  • Full access to all renewable energy news and analysis
  • Exclusive expert interviews and industry reports
  • Daily newsletter with latest updates
  • Access to multimedia content (videos, podcasts)
  • Commenting and community engagement

Sign Up

Annual Plan

Price: $300 / year (Save 17%)

Features:

  • Everything in the Monthly Plan
  • 2 months free compared to monthly subscription
  • Priority access to special reports and webinars
  • Early access to newsletters and featured articles
  • Exclusive members-only content and events

Sign Up

Already a subscriber? Log in here:

 
 
Forgot Password
Eversource Eversource Energy Offshore Orsted Revolution Wind South Fork Wind United States Wind Wind farm
Follow on Flipboard Follow on X (Twitter) Follow on LinkedIn
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Previous ArticleNordex Secures 150MW Across Three Wind Projects in Scotland
Next Article Natural Power Supports Green Switch Capital’s 250MW Battery Energy Storage Project in Scottish Highlands

Related Posts

U.S. Federal Council Greenlights $1.5 Billion Offshore Wind Farm in Rhode Island

December 8, 2023 News

U.S. Regulators Greenlight Ørsted and Eversource’s Revolution Wind Farm Despite Public Backlash

November 25, 2023 Wind Energy

Orsted and Eversource Milestone: First Turbine Installed in South Fork Offshore Wind Project

November 21, 2023 Wind Energy

Orsted Acquires Eversource Energy’s Stake in Federal Offshore Wind Lease, Strengthening US Market Position

May 28, 2023 Wind Energy

South Fork Wind Announces On-Schedule Completion of Onshore Export Cable System for New York Offshore Wind Project

May 16, 2023 News

Orsted and Eversource Celebrate Milestones at Rhode Island Offshore Wind Hub

May 2, 2023 Wind Energy
Latest Post

SeAH Wind Signs Voluntary Recognition Agreement with GMB Union at Teesworks Site

September 18, 2025

OnPath Energy Advances £1 Billion UK Investment Plan After Strong Financial Performance

September 18, 2025

Connecticut and Rhode Island Seek Injunction to Resume Work on Revolution Wind Project

September 18, 2025

Foresight Solar Reports 4% Generation Uplift in First Half of 2025

September 18, 2025

Full Circle Wind Services Takes Over O&M for Caton Moor Wind Farm in UK

September 18, 2025
Facebook X (Twitter) LinkedIn WhatsApp

News

  • Wind Energy
  • Solar Energy
  • Hydropower
  • Hydrogen
  • Geothermal
  • Bioenergy
  • Ocean Energy

Region

  • Europe
  • North America
  • Asia
  • Africa
  • Middle East
  • Australia and Oceania
  • Latin America

EnergyMagz

  • About Us
  • Advertising
  • Privacy Policy
  • Cookie Policy
  • Contact

Subscribe to Updates

Subscribe for the latest in renewable energy from Energymagz.

© 2025 EnergyMagz. Designed by EnergyMagz.

Type above and press Enter to search. Press Esc to cancel.

Go to mobile version

Sign In or Register

Welcome Back!

Login to your account below.

Lost password?