US Court Allows Ørsted to Resume Nearly Completed Offshore Wind Project

A U.S. federal judge has ruled that work can resume on the nearly complete Revolution Wind offshore wind project off the Rhode Island coast, overturning a stop-work order issued by the Trump administration citing unspecified national security concerns. The project, led by Danish company Ørsted and its partner Skyborn Renewables, is 80% finished with significant infrastructure already installed, and the court decision allows construction to continue while legal challenges proceed. The judge highlighted the financial and operational harm caused by the delay, noting costs of $2.3 million per day and the potential collapse of the project if construction deadlines are missed, especially given the limited availability of specialized ships after December. The Revolution Wind project, the first multi-state offshore wind initiative in the U.S., will supply power to Rhode Island and Connecticut under 20-year offtake agreements and is expected to power over 350,000 homes. Ørsted's shares surged following the court victory, which represents a significant setback to President Trump's efforts to restrict the offshore wind industry. While the Bureau of Ocean Energy Management continues its investigation into potential national security impacts, the ruling permits construction to proceed, emphasizing the public interest in the project's completion.