U.S. offshore wind halt seen as short-lived, Goldman Sachs says [Seeking Alpha]
Goldman Sachs Group, Inc. (The) (GS)
Last goldman sachs group, inc. (the) earnings: 4/15 07:30 am
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Source: Seeking Alpha
effect on Dominion Energy ( D ) and Eversource Energy ( ES ), despite near-term uncertainty and sharp initial stock reactions, according to analysts at Goldman Sachs. On Newsletters for Every Investor Get daily, sector-specific newsletters packed with expert insights, fresh ideas, and new opportunities. Subscribe to Newsletters Sign Up Quick Insights Goldman Sachs expects the stop-work order to have little impact on Dominion's financial guidance since its project is close to completion and revenue is already approved. Eversource may face some financial obligations if Revolution Wind is ultimately canceled, but most potential costs have been booked already and short suspension should have limited incremental impact. The suspension affects several near-completion wind projects, highlighting broader regulatory and permitting uncertainties for U.S. offshore wind investments. Recommended For You More Trending News
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