Vattenfall to stop development of its British Norfolk Boreas offshore wind project due to rising costs
Vattenfall to stop development of its British Norfolk Boreas offshore wind project due to rising costs
www.reuters.com Vattenfall halts project, warns UK offshore wind targets in doubt
Swedish utility Vattenfall (VATN.UL) said on Thursday it would stop development of its British Norfolk Boreas offshore wind project due to rising costs, and warned that Britain could struggle to meet its wind targets without improved incentives.
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Translation - we want to renegotiate the deal
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