Ørsted shares plunge to record low after US government halts project
Stock in Danish developer drops 16% after surprise order to stop work on $1.5bn Revolution Wind project
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

World’s biggest offshore wind developer’s aggressive US expansion has backfired

Trump administration had suspended Danish group’s work on major wind farm off coast of Rhode Island

Danish company says ruling will allow work on Revolution Wind to restart immediately

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