Orsted shares tumble as U.S. halts wind project construction

On Tuesday, August 06, 2024, Zealand is an open sea wind energy park on the transportation of goods with heavy elevator cargo drones to Open Sea wind turbines on the Borsalele 1 and 2 wind farms in the Netherlands.
Nicolas Maeterlinck | AFP | Getty Images
When the US government ordered the company to stop the construction of a almost completed project, the trade began on Monday, the wind farm developer ORSTED shares rolled.
About half an hour after the markets opened, the company’s shares were about 17% lower.
US Ocean Energy Management Office late on Friday Giving Rhode Island is a stagnation order for the revolution wind project. According to Orted, the project was completed 80% and 45 out of 65 wind turbines were established.
The company is also in question That he will comply with the US order and consider the options to solve the problem and to stand out with construction.
Emir comes at a critical time for the oral, which tries to raise the most needed capital under the plans that the analysts say that Reuters are now under pressure.
At the beginning of this month, Orted announced that 60 billion Denmark ($ 9.4 billion) announced its plans. On Monday, The company said He said that the majority stakeholder had the support of the Danish state.
Since the plans of rights have been announced, the stocks have retreated sharply.
This is a developing story, please check it again for updates.

