US Government stops work on Ørsted’s Revolution Wind project

Author: PEi
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Ørsted has confirmed that an order has been received to stop all activities on the outer continental shelf related to the Revolution Wind project.

The order was issued this week by the US Department of the Interior’s Bureau of Ocean Energy Management (BOEM) and caused the company’s shares to plummet 16% to a record low of DKr179 ($28).

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