Court Ruling Revives Ørsted’s Revolution Wind Project, but Political Risk Still Looms Over U.S. Offshore Wind

Shares of Danish offshore wind developer Ørsted surged 6% on Tuesday after a U.S. federal court cleared the company to resume work on its nearly completed Revolution Wind project, delivering a crucial legal victory that eases fears of multibillion-dollar losses and offers a reprieve to an industry under growing political and financial strain. The ruling […] The post Court Ruling Revives Ørsted’s Revolution Wind Project, but Political Risk Still Looms Over U.S. Offshore Wind appeared first on Tekedia.

Court Ruling Revives Ørsted’s Revolution Wind Project, but Political Risk Still Looms Over U.S. Offshore Wind

Shares of Danish offshore wind developer Ørsted surged 6% on Tuesday after a U.S. federal court cleared the company to resume work on its nearly completed Revolution Wind project, delivering a crucial legal victory that eases fears of multibillion-dollar losses and offers a reprieve to an industry under growing political and financial strain. The ruling […]

The post Court Ruling Revives Ørsted’s Revolution Wind Project, but Political Risk Still Looms Over U.S. Offshore Wind appeared first on Tekedia.

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