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Orsted's Rhode Island Wind Farm Given Go-Ahead by Judge
Youtube· 2025-09-23 16:03
Also shares surging this morning after a US judge ruled the Orsted's revolution win joint venture, which I think is just off Rhode Island, can resume. Construction off Rhode Island to the offshore wind farm has been a subject of obviously considerable controversy with the Trump administration, the Trump administration stopping the work order, and that had a fairly dramatic effect on all, said share price, which is now bouncing a little bit. Will Mathes joins us now for more.So what did the judge say and wha ...
Orsted shares jump 7% after U.S. court overturns Trump project block
CNBC· 2025-09-23 15:33
Burbo Bank, Liverpool Bay, England, viewed from the sea turbines on Burbo wind farm off the U.K. coast.Shares of Danish renewables giant Orsted jumped on Tuesday, after a U.S. judge ruled the embattled firm can resume construction of an offshore wind farm that was halted by the Trump administration.The decision means Orsted can resume work on the nearly completed Revolution Wind project off the coast of Rhode Island and Connecticut.Shares of the Copenhagen-listed company were among the top performers on the ...