CEO of Grundfos Mads Nipper presents the financial statements of 2017 at a news conference in Bjerringbro, Denmark, March 13, 2018. "We are still upholding a real option to walk away," Orsted CEO Mads Nipper told Bloomberg News in an interview. "But right now, we are still working towards a final investment decision on projects in America." Last week Orsted said it may see U.S. impairments of 16 billion Danish crowns ($2.3 billion) due to supply chain problems, soaring interest rates and a lack of new tax credits. ($1 = 6.9488 Danish crowns)Reporting by Gursimran Kaur in Bengaluru; Editing by Jan HarveyOur Standards: The Thomson Reuters Trust Principles.

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Persons: Mads Nipper, Henning Bagger, Biden, Orsted, Gursimran Kaur, Jan Harvey Organizations: Scanpix, REUTERS, Bloomberg, Bloomberg News, Thomson Locations: Bjerringbro, Denmark, Scanpix Denmark, U.S, America, Bengaluru