On August 29, Danish energy giant Ørsted warned that it might write off as much as $2.12 billion because of issues with its three U.S. east coat offshore wind projects, Ocean Wind 1, Sunrise Wind, and Revolution Wind. The company cited adverse impacts relating to the supply chain, lack of favorable progress in Investment Tax Credit (ITC) guidance, and increased interest rates. On October 31, the other shoe dropped. Ørsted said that, following a decision by its Board of Directors, Ørsted will...