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The wind farm developer's share price, down 30% since announcing its plan on Aug 11, now faces further downside risk, say analysts.
Construction on the Revolution Winds project was started last year and the project is now 80% complete, with 45 out of the 65 turbines installed, according to Orsted.
The Trump administration has ordered Denmark's Orsted to stop far-advanced construction on an offshore wind project near Rhode Island, in a move that threatens to exacerbate the company's financial ...
US president Donald Trump’s administration ordered construction to halt on an almost-finished offshore wind farm.