GE wind unit heading for $300m Q3 loss
- Admin
- Sep 13, 2024
- 1 min read
GE Vernova's wind turbine business expects a $300m loss in Q3 2024 due to ongoing offshore wind costs. CEO Scott Strazik attributes the loss to construction delays at Dogger Bank A project in the UK and Vineyard Wind in the US. While the wind division expects modest profitability in Q4 2024.
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