[chewz]

There is a market niche for projects cementary. Many companies or funds tend to buy projects at peak valuations (or artificial valuations based on blown up projections).

Re-valuating these projects on the books would be an embarrassing to the board. Losing face, shareholders questions.

Selling these assets (possibly via asset swap) to specialized cementary fund where they can be disolved and disappear in the haze is a different, more honorable matter.