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Trump orders RI’s Revolution Wind developers to stop offshore project already 80% complete
Revolution Wind, Rhode Island’s first large-scale offshore wind project, was put on ice by the Trump administration Friday, which ordered developers to immediately stop construction. The project is already 80% completed,
"It is nuts, crazy, insane to stop a project that is 80% completed and will save hundreds of millions of dollars for ...
11hon MSN
Orsted shares tumble over 16% to record low, as U.S. government halts wind project construction
Shares in wind farm developer Orsted lost ground on Monday. The U.S. government last week ordered the company to halt ...
Orsted said the move would strengthen its capital structure, days after the stop-work order on the project off Rhode Island.
Denmark’s Orsted lost almost a fifth of its market value at one point as investors sold the offshore wind champion’s shares.
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