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Offshore Wind Farms Suspension on US East Coast

Sector: Wind • Location: USA

Source: Bloomberg

Project
Suspended

The US government suspended leases for five offshore wind farms under construction off the East Coast due to national security concerns about radar interference. The projects, including Orsted's Revolution Wind and Sunrise Wind and Equinor's Empire Wind 1, represent about $28 billion in committed capital. Both developers are complying with stop-work orders and engaging with US authorities, with Or

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The project “Offshore Wind Farms Suspension on US East Coast” is an infrastructure initiative in the Wind sector, located in USA. Taiyo aggregates data on it from Bloomberg.

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suspended

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Description

Description

The US government suspended leases for five offshore wind farms under construction off the East Coast due to national security concerns about radar interference. The projects, including Orsted's Revolution Wind and Sunrise Wind and Equinor's Empire Wind 1, represent about $28 billion in committed capital. Both developers are complying with stop-work orders and engaging with US authorities, with Orsted considering legal options.

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High

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100%

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