23 Sep 2025 | 5 Mins Read
Orsted shares surge 7% after U.S. court overturns Trump project block
Flipitmoney
A US judge granted Orsted a preliminary injunction, allowing the company to resume construction on its Revolution Wind project. The offshore wind farm was halted by the Trump administration. Shares of Orsted jumped 6.6%, reaching a fresh record high, as the company can now continue work on the almost completed project off the coast of Rhode Island and Connecticut.