BUZZ-US project suspension drags Orsted shares to bottom of STOXX
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Orsted shares dropped 10% after the US suspended leases for its offshore wind projects due to national security concerns. The suspension affects projects by GE Vernova, Dominion Energy, and Equinor. Orsted's Revolution Wind project, 80% complete, is expected to start operations in 2026. The stock hit the bottom of the STOXX 600 index, marking its worst day since August. Vestas shares also fell 3%.
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