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by paganel
859 days ago
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Higher interest rates are part of the game, or of reality, if you want to put it that way. So, yes, it was a reality check and it has proved that that company could only be viable under very particular economic circumstances (i.e. interest rates being close to zero) |
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The only thing under question is whether future long-term agreements will include inflation protection.
When interest rates rise tremendously, long term investment gets pulled way back. That's the entire point of hiking interest rates, to make companies like Orsted slash their growth rates. It does not put Orsted at risk for collapse.