Article 6ZHSR Ørsted shares at all-time low after Trump halts work on US windfarm

Ørsted shares at all-time low after Trump halts work on US windfarm

by
Lauren Almeida
from on (#6ZHSR)

Shares drop by 17% after stop-work order on $1.5bn project off Rhode Island, which was 80% complete

Shares in Orsted hit an all-time low on Monday after the Trump administration ordered Europe's largest wind power company to stop work on a near complete windfarm.

Orsted's shares plunged 17%, after it was forced to stop construction on its $1.5bn (741m) Revolution Wind project off the coast of Rhode Island.

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