Core Points - The lawsuit aims to restart a nearly completed offshore wind project that was abruptly halted by the Trump administration, threatening billions in investments and hundreds of jobs [1][2] - Revolution Wind LLC has invested or committed approximately $5 billion in the project, with potential losses exceeding $1 billion if canceled [2][5] - The project is intended to provide energy to hundreds of thousands of households in Rhode Island and Connecticut, having passed extensive environmental and defense reviews [2][3] Legal Context - The lawsuit claims that the Trump administration's stop-work order is arbitrary and lacks justification, as it does not specify any illegal actions or imminent safety threats [2][3] - The case has been assigned to judges appointed by Trump and Reagan, indicating potential political implications in the judicial process [2][3] Industry Impact - The Trump administration has issued a series of orders aimed at hindering the emerging offshore wind industry, including halting new leases and permits, and investigating imports of wind turbines [3][5] - Orsted, the company backing Revolution Wind, is facing significant financial challenges, with its stock price dropping over 40% this year and a market value loss of nearly $8 billion [4][5] - The conflict comes at a critical time for Orsted, as it seeks to raise 60 billion Danish kroner to strengthen its financial position [4]
80%完工项目突遭叫停!两州政府联袂风电巨头起诉特朗普
智通财经网·2025-09-05 02:21