Saturday, January 17, 2015

New multi-billion bang for Waterfall – Swedish newspaper Svenska Dagbladet

New multi-billion bang for Waterfall – Swedish newspaper Svenska Dagbladet

– This is a project has failed. The decision was taken in a completely different market situation and has cost far too much, says CEO Magnus Hall to Dagens Industri.

Moorburg, estimated to cost equivalent to more than 28 billion to build, has not yet been put into commercial use.

Waterfalls calculates total write-off for Moorburg to 9.6 to 10 billion.

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