Foul winds keep blowing Orsted’s way. On August 22nd Donald Trump’s administration ordered the offshore-wind developer to stop work on its $4bn Revolution Wind project off the coast of New England. The development, which is part-owned by BlackRock, an American investment titan, is roughly four-fifths completed, with all licences and approvals in hand.
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How much trouble is the world’s biggest offshore-wind developer in?
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