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Orsted Stock Plummets to Record Low

Reuters on MSN · 10h

Orsted shares sink to record lows as US halts wind farm off Rhode Island

Pedersen and Soren Jeppesen COPENHAGEN (Reuters) -Shares in Orsted plunged 17% on Monday after the U.S. halted the Danish company's Revolution Wind project off Rhode Island amid President Donald Trump’s pushback on renewable energy investments.

80 percent complete Rhode Island wind farm halted, ‘national security’ interests cited

Danish wind farm developer, Orsted, said the Revolution Wind project is about 80 percent complete, with 45 of its 65 turbines already installed.

The New York Times · 10h

Orsted Stock Plummets to Record Low After Trump Halts U.S. Wind Farm

An order to stop work on the Revolution Wind project off Rhode Island further rattled the beleaguered Danish company.

23hon MSN

Construction on wind project off coast of Rhode Island stopped by Trump administration

The Trump administration has ordered a halt to all construction on the Revolution Wind project off the coast of Rhode Island, ...

12hon MSN

Orsted Shares Tumble After Stop-Work Order on Revolution Wind Project

Orsted said the move would strengthen its capital structure, days after the stop-work order on the project off Rhode Island.

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