A turbine leaf is lifted onto a rack adjacent operation sections astatine the Revolution Wind task assembly tract astatine State Pier successful New London, Connecticut, US, connected Friday, Oct. 24, 2025.
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Danish renewables elephantine Orsted, the world's largest developer of offshore upwind farms, said connected Friday that it had launched ineligible enactment against the Trump medication implicit the suspension of its $5 cardinal Revolution Wind project.
Shares of the Copenhagen-listed institution roseate much than 4% connected the news, putting the banal among the apical performers of the pan-European Stoxx 600 index.
Orsted said successful a connection that it would question a tribunal injunction against the U.S. government's determination to halt its Revolution Wind project, located astir 15 miles southbound of the Rhode Island coast.
"As was the lawsuit with the August 2025 stop-work order, the Revolution Wind Project … faces important harm from a continuation of the lease suspension order. As a result, litigation is simply a indispensable measurement to support the rights of the Project," Orsted said.
"Revolution Wind has spent and committed billions of dollars successful reliance upon, and has met the requests of, a thorough reappraisal process," the institution added.
The pro-fossil substance Trump medication suspended leases connected Dec. 22 for 5 ample offshore upwind projects, including Revolution Wind, citing national information concerns identified by the Pentagon.
The determination marked the latest successful a drawstring of blows against offshore upwind developers, with U.S. President Donald Trump having antecedently described upwind turbines arsenic "ugly" and an economical and biology "disaster."
Revolution Wind is simply a 50/50 associated task betwixt Orsted and Global Infrastructure Partners' Skyborn Renewables. In a filing past year, Orsted and Skyborn Renewables said they had already spent astir $5 cardinal connected the project.
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