Orsted Sues Trump Administration over Wind Project Suspension
Orsted filed a lawsuit seeking a court injunction after the administration of Donald Trump suspended leases for the 5 billion dollar Revolution Wind project.The project is approximately 87 percent complete and faced suspension due to Pentagon concerns regarding radar interference and national security.Shares of the Danish energy firm rebounded by over 4 percent following the legal challenge which follows a similar court victory against previous work stoppages.
Published:4h |Updated:2h