Orsted Faces Regulatory Headwinds in Wind Farm Projects

28 days ago

Louise Moon

"So this is the latest of the Trump administration. It's been a tumultuous year between the Trump administration and the and the clean energy sector. And this was news yesterday. So it's a bit of a day two but the stock is continuing to react. So the US has suspended leases for all five wind farms that are under construction off the east coast of America and Bloomberg estimates put the total committed capital for those five wind farms at about 28 billion US. So it's big a big deal. Um this was so this was as I say was announced yesterday and they're citing national consu national security concerns. So as I say the industry has been kind of repeatedly targeted by the Trump administration. If you look at Orstead's share price in particular, it's it's been kind of up and down, slumping quite heavily on some of this news throughout the year."

Regulatory actions by the Trump administration have negatively impacted Orsted, with the US suspending leases on five offshore wind farms due to national security concerns. The commentary notes that repeated regulatory targeting has caused significant volatility in Orsted's share price, with recent news amplifying its downward trend.