Ørsted shares sink on $9bn fundraising plan to shore up Trump-hit wind project
World’s biggest offshore wind developer’s aggressive US expansion has backfired
World’s biggest offshore wind developer’s aggressive US expansion has backfired

Stock in Danish developer drops 16% after surprise order to stop work on $1.5bn Revolution Wind project

Danish renewable energy company seeks court order to allow it to finish Revolution Wind development

Shares in Ørsted, the world’s largest offshore wind developer, fell by more than 14% after announcement

Danish offshore wind developer prices issue at steep discount amid hostility from US government

Short positions in the Danish group build up as offshore wind developer undertakes $9bn cash call

Trump administration says it wants to review national security implications of $1.5bn project that is 80% complete