EnergyWatch

B&W Vølund's owners sued for billions for failed prestige project

Danish B&W Vølund received a dream order for the project Amager Bakke in Copenhagen. The US-based owners are now being sued for billions for the failed prestige project

Photo: Pressefoto

"Building our heritage with a focus on the future" is written in bold, white letters on the US company Babock & Wilcox' website, with a large photo of Copenhagen's failed prestige project Amager Bakke, an over-scaled waste incinerator skinned with an architectural shell with an artificial ski slope for a roof.

However, if were up to several angry investors, the company will only inherit a huge litigation. A US judge has reserved 15 days to decide upon a resolution to the damage claims. According to investors, Amager Bakke is not merely a Danish scandal involving politicians who decided to build an over-sized and far too expensive incinerator and a US-owned, Danish company that botched the contruction.

Read the whole article

Get 14 days free access.

No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from EnergyWatch

Further reading

Related articles

Latest News

See all jobs