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Ørsted Shares Plunge 18% as Trump Administration Halts $1.5 Billion Rhode Island Wind Farm
Monday after the Trump administration ordered the Danish energy company to halt work on its nearly completed $1.5 billion Revolution Wind project off Rhode Island, heightening financial pressure on Europe's largest offshore wind developer.
ISO New England said the stop-work order received by Revolution Wind could “increase risks to reliability” across the region.
Axios on MSN9h
6 takeaways from Trump's war on Revolution Wind
The fallout from Trump 2.0's stop-work order on Ørsted's nearly finished offshore wind project in New England extends beyond ...
The cancellation is a blow to the offshore wind industry and Ørsted, the energy company responsible for the construction, as ...
‘’The project commenced offshore construction following the final federal approval from BOEM last year. The project is 80% ...
Power Technology on MSN12h
US halts Ørsted’s Revolution Wind project over security concerns
The US government has ordered Ørsted, a Danish energy company, to halt activities on its offshore wind project, Revolution ...
The Trump administration struck another blow against the growth of offshore wind energy, ordering a project off the Rhode ...
Climate Crisis 247 on MSN9h
Trump’s Decision Ruins Large Wind Company
The Trump decision to stop offshore wind projects has not only done damage to Ørsted. Every offshore wind project that is not ...
DKK 60 billion rights issue and has appointed a global bank syndicate, even as the U.S. Revolution Wind project received a stop?work order ...
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