ESG Roundup: Market Talk – WSJ
Nov. 17, 2023 10:07 am ETThe latest Market Talks covering ESG Impact Investing. Published exclusively on Dow Jones Newswires at 10:00 ET and 17:00 ET.0644 ET – Citi opens a three-month positive catalyst watch on Orsted, with the bank expecting some short-term positive events, analyst Jenny Ping writes. The U.K. autumn statement could extend rules allowing the 50% expensing of investments for tax purposes, while Orsted could move to final investment decision on the U.K. Hornsea 3 wind project before year-end and rebid some of the project’s output to achieve a higher price, Citi says. The bank also says a dividend cut instead of equity raise could be announced as a stop-gap for the balance sheet. “This is a short term catalyst driven view rather than a solid long term investment opportunity...
