CPSE:ORSTEDRenewable Energy
What Ørsted (CPSE:ORSTED)'s Legal Challenge to the Revolution Wind Lease Suspension Means For Shareholders
In early January 2026, Ørsted and its partner Skyborn Renewables filed a legal complaint in the US challenging the Trump administration’s suspension of the lease for their Revolution Wind offshore project, a roughly US$5.00 billion development that is about 87% complete after a nine-year permitting process.
The dispute places one of the most advanced US offshore wind projects, and its planned 2026 power deliveries and thousands of associated jobs, at the center of a high‑stakes test of...