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RWE sees no need for impairments on U.S. offshore wind project after Trump crackdown
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RWE sees no need for impairments on U.S. offshore wind project after Trump crackdown
Jan 21, 2025 8:47 AM

FRANKFURT, Jan 21 (Reuters) - RWE, the world's

second-largest developer of offshore wind farms, sees no need

for impairments on its project off the U.S. east coast, it said

on Tuesday, after President Donald Trump cut support to the

sector on his first day in office.

"We currently see no need for impairments as the seabed

lease is valid at least until the 2060s, so it's a long time to

go to realize the project at a later stage," the company said in

e-mailed comments.

(Reporting by Christoph Steitz, Editing by Victoria Waldersee)

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