Trump Administration Blocks Ørsted’s US Wind Project—Cash Plan in Jeopardy
Policy shift torpedoes green energy giant's American ambitions.
Financial Fallout
Ørsted's carefully crafted cash strategy hits a regulatory wall as the Trump administration halts its flagship US wind development. No financial buffers left to soften the blow—just another day in the volatile world of energy investments.
Market Reaction
Shares tumble as investors weigh the implications. The move signals a broader cooling on renewable projects under the current executive branch—betting on green energy just got riskier.
Long-term Impact
Analysts slash growth projections. The blockade doesn't just delay timelines—it rewrites Ørsted's entire stateside playbook. Guess due diligence didn’t account for political whims trumping profit motives.