tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Orsted sues U.S. in effort to salvage wind farm blocked by Trump, Bloomberg says

Orsted (DNNGY) A/S sued the Trump administration in an effort to revive construction of its almost-finished offshore New England wind farm that the government blocked, kicking off what may become a major legal battle over recent policies targeting the industry, Bloomberg’s Erik Larson and Will Mathis report. Orsted’s Revolution Wind unit filed the suit Thursday in federal court in Washington, seeking an order forcing the Trump administration to let it finish the project off the coast of Rhode Island. The Revolution Wind farm was intended to provide energy for hundreds of thousands of homes in the state as well as Connecticut, the publication notes.

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1