RE:No one follows this company Boring sector.
Orsted and all the others are trading to a deep discount from their former highs. Thjis is an industry wide event and not a particular company. Higher interest rates affect all.
Selldowns are common now and some investors wonder why even bother building a windfarm in the first place.
Maybe best to sell the company some may suggest. Increasing competition and lower margins on the horizon. I don't know what the current enterprise value is. Some don't consider goodwill and intangible assets as true assets. Yet make up $1.2 billion on the balance sheet.
They tried to sell Northland back in 2017 to Chinese firms. But no buyers --
Northland Power Scraps Sale Without Finding Buyer | BloombergNEF (newenergyfinance.com)