和特朗普政府有关？丹麦能源巨头上周市值蒸发超65亿美元

Core Viewpoint - The offshore wind industry is facing significant challenges, highlighted by Ørsted's announcement of a capital raise due to unfavorable regulatory changes in the U.S., leading to a sharp decline in its stock price and market capitalization [1][3]. Group 1: Company-Specific Developments - Ørsted plans to raise up to 60 billion Danish kroner (approximately $9.4 billion) through a share issue due to the inability to complete asset divestitures and financing for its Sunrise Wind project off the coast of New York [1]. - The company's stock price plummeted by over 33% in one week, resulting in a market value loss exceeding $6.5 billion [1]. - Standard & Poor's downgraded Ørsted's debt rating from "BBB" to "BBB-", citing the company's high-risk strategy and increasing project execution challenges in the offshore wind sector [1]. Group 2: Industry Challenges - The offshore wind sector is experiencing heightened difficulties due to rising interest rates and increased costs from tariffs on turbine components, which have deterred investors [3][5]. - The U.S. offshore wind industry has over 2,500 projects that have not yet started, with a total capacity equivalent to approximately 383 nuclear reactors, indicating a significant backlog and sensitivity to policy changes [5]. - The Global Wind Energy Council reported a decrease in offshore wind capacity additions, with a 26% year-over-year decline, marking the lowest level since 2021 [6]. Group 3: Regulatory Environment - Recent policy changes under the Trump administration have created uncertainty, including the withdrawal of offshore wind leasing rights and increased scrutiny of project approvals [3][4]. - The Inflation Reduction Act has advanced the deadline for tax credits for wind and solar projects, requiring projects to start construction by July 2026 to qualify for tax incentives [3][4]. - The U.S. Treasury is expected to release new tax guidance that may further complicate the existing rules for developers [4].