Orsted files challenge over Trump's halt to Revolution Wind project
CNBC••general
Key Points:
- Danish renewables company Orsted has launched legal action against the Trump administration over the suspension of its $5 billion Revolution Wind offshore project near Rhode Island.
- Orsted seeks a court injunction to reverse the U.S. government's halt on the project, citing substantial harm from the lease suspension.
- The suspension was part of a December 22 order by the Trump administration, which paused leases on five large offshore wind projects due to Pentagon-identified national security concerns.
- Orsted emphasized that it has invested billions and complied with all review processes, framing litigation as necessary to protect the project's rights.
- The lease suspension reflects the Trump administration's broader opposition to offshore wind development, with President Trump previously criticizing wind turbines as economically and environmentally harmful
