Aug. 25 (UPI) -- The Trump administration has issued a stop-work order, over national security concerns, on a nearly completed offshore wind project that would power Massachusetts and Rhode Island.
Danish wind developer Orsted was ordered Friday to stop construction on its Revolution Wind offshore project to "address concerns related to the protection of national security interest of the United States," according to the acting director of the Bureau of Ocean Energy Management, Matthew Giacona, who provided no additional details.
Construction on the $1.5 billion project, which is located in federal waters about 15 miles off the coast of Rhode Island, is about 80% complete with 45 of the 65 turbines installed, according to Orsted. The company's shares dropped 17% on Monday, following the announcement.
"Orsted is evaluating all options to resolve the matter expeditiously," the company said. "This includes engagement with relevant permitting agencies for any necessary clarification or resolution as well as through potential legal proceedings, with the aim being to proceed with continued project construction towards a commercial operations date in the second half of 2026."
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