Orsted shares jump as US court reverses Trump's block on offshore wind project

Core Viewpoint - Shares of Danish offshore wind developer Orsted increased by 5.1% following a U.S. court ruling that allows the company to resume work on its nearly completed Revolution Wind project, alleviating concerns about potential delays [1] Group 1 - The U.S. court's decision is a significant development for Orsted, as it enables the continuation of the Revolution Wind project, which is nearing completion [1] - The market reacted positively to the news, reflected in the 5.1% rise in Orsted's share price [1] - The ruling addresses fears of massive delays that could have impacted the project's timeline and financial outlook [1]