Orsted shares jump after U.S. court allows Revolution Wind to continue
Burbo Bank, Liverpool Bay, England, watched from sea turbines on Burbo Wind Farm on the banks of the UK.
UCG | Universal Images Group | Getty Images
A US judge decided that the security company could continue to build an open sea wind farm, stopped by the Trump administration, on Tuesday, Jumped on Tuesday.
The decision means that Orted can continue to work on the almost completed revolution wind project on Rhode Island and Connecticut coast.
The shareholders of the company in the Copenhagen list were among those who performed the best performance in the Pan-European Stoxx 600 index during the morning agreements. Last month, a new record -notched stock price was last seen around 6.6%.
On Monday, the US Regional Court of Columbia Region decided by the OREDED to overthrow the Trump administration’s stopping order, and allowed the construction of the revolution to continue.
Monday orted in question “As soon as” on the project would start working.
The court’s victory represents an important return for the Danish company, which is forced by US President Donald Trump’s fixed stance to open sea wind projects.
Since his return to the White House earlier this year, Trump squeezed the wind energy industry. Trump one on the first day executive order New or renewed land and open sea wind rental.
Defending America’s oil and gas industries, the US President, in January, told journalists, said the administration “will not do the wind job”, he said.
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