JOURNAL ARTICLE

Orsted Venture Wins Court Ruling to Restart Wind Farm Work.

  • Published In: Bloomberg.com, 2025. P. N.PAG 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Larson, Erik; Chediak, Mark; Mathis, William 3 of 3

Abstract

The article focuses on Orsted A/S's resumption of construction on the Revolution Wind project off the coast of Rhode Island following a federal judge's ruling that allows work to continue despite a lawsuit challenging a stop-work order issued by the Trump administration. The judge determined that halting construction could cause "irreparable harm" to the project, which aims to provide power to hundreds of thousands of homes in Rhode Island and Connecticut. Orsted, co-owned by Revolution Wind LLC and Global Infrastructure Partners, claims the government's order violated its constitutional rights and federal law. The ruling is significant for Orsted, which has faced financial challenges due to delays and is in the process of raising $9.5 billion to stabilize its operations. [Extracted from the article]

Additional Information

  • Source:Bloomberg.com. 2025/09, pN.PAG
  • Document Type:Article
  • Subject Area:Power and Energy
  • Publication Date:2025
  • Accession Number:188131171
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