A turbine blade is lifted onto a rack close to tower sections on the Revolution Wind undertaking meeting website at State Pier in New London, Connecticut, US, on Friday, Oct. 24, 2025.
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Danish renewables big Orsted, the world’s largest developer of offshore wind farms, stated on Friday that it had launched authorized motion towards the Trump administration over the suspension of its $5 billion Revolution Wind undertaking.
Shares of the Copenhagen-listed firm rose greater than 4% on the information, placing the inventory among the many prime performers of the pan-European Stoxx 600 index.
Orsted stated in a press release that it will search a court docket injunction towards the U.S. authorities’s resolution to halt its Revolution Wind undertaking, situated about 15 miles south of the Rhode Island coast.
“As was the case with the August 2025 stop-work order, the Revolution Wind Mission … faces substantial hurt from a continuation of the lease suspension order. Consequently, litigation is a mandatory step to guard the rights of the Mission,” Orsted stated.
“Revolution Wind has spent and dedicated billions of {dollars} in reliance upon, and has met the requests of, a radical assessment course of,” the corporate added.
The professional-fossil gas Trump administration suspended leases on Dec. 22 for 5 massive offshore wind initiatives, together with Revolution Wind, citing nationwide safety issues recognized by the Pentagon.
The transfer marked the most recent in a string of blows towards offshore wind builders, with U.S. President Donald Trump having beforehand described wind generators as “ugly” and an financial and environmental “catastrophe.”
Revolution Wind is a 50/50 three way partnership between Orsted and World Infrastructure Companions’ Skyborn Renewables. In a submitting final 12 months, Orsted and Skyborn Renewables stated that they had already spent roughly $5 billion on the undertaking.
