CPSE:ORSTEDRenewable Energy
Does Court Greenlight For Revolution Wind Transform The Bull Case For Ørsted (CPSE:ORSTED)?
A U.S. federal judge recently cleared Danish offshore wind developer Ørsted to resume work on its nearly completed, US$5.00 billion Revolution Wind project off Rhode Island and Connecticut, overturning a Trump administration halt that cited national security concerns.
The ruling materially reduces the risk of cancellation for a major U.S. offshore wind asset, reinforcing the legal and regulatory contours shaping Ørsted’s American growth ambitions.
We’ll now examine how the court’s reversal...