<div id="readability-page-1"><div> By Adam Whittaker and Elena Vardon <pre></pre> Orsted shares tumbled after it said that it received a stop-work order from the U.S. government on a key offshore wind project off the coast of Rhode Island. In opening trade, shares tumbled 16% to 180.35 Danish krone, taking their year-to-date performance down over 45%. Orsted confirmed over the weekend that it got an order to halt work on Revolution Wind, a key offshore wind farm project off Rhode Island. The company also said on Monday that it would proceed with a $9.4 billion rights issue announced earlier this month. The stop-work order compounds the Danish energy company's challenges in the U.S as President Trump cracks down on the wind-energy sector. On Aug. 11, Orsted's shares plunged after it said it couldn't sell a chunk of a wind farm off the coast of New York, blaming &#34;recent material adverse development in the U.S. offshore wind market&#34; and added it would raise $9.4 billion through a rights issues. The acting director of the Interior Department's Bureau of Ocean Energy Management, Matthew Giacona, on Friday sent a letter to Orsted ordering it to stop all ongoing activities on the Revolution Winds project located on the outer continental shelf--U.S. waters that are outside of any state jurisdiction--. This is to allow the BOEM time to address concerns that have arisen from a review commissioned by the Trump administration, which suspended new federal wind leases shortly after the president's inauguration. The project is a joint venture with Global Infrastructure Partner's Skyborn Renewables. Construction started last year and the project is now 80% complete, with 45 out of the 65 turbines installed, Orsted said. Orsted said it is looking at its options to resolve the matter quickly and hopes to proceed with construction towards the second half of 2026. The group is also evaluating the financial implications and considering scenarios including legal proceedings, it added. The stop-work order raises the prospect of around $3 billion in impairments and cancellation charges, Baader analyst Pierre-Alexandre Ramondenc writes in a note to clients. &#34;The stop-work order for Revolution Wind emphasizes the increased regulatory uncertainty for offshore wind in the U.S.,&#34; Orsted said Monday. The rights issue should strengthen the company's capital structure, allowing Orsted to execute its business plan even when considering the impact of the uncertainty on its U.S. offshore wind portfolio, it said. <pre></pre> Write to Adam Whittaker at adam.whittaker@wsj.com and to Elena Vardon at elena.vardon@wsj.com <pre></pre> (END) Dow Jones Newswires August 25, 2025 04:16 ET (08:16 GMT)Copyright (c) 2025 Dow Jones &amp; Company, Inc.</div></div>

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Ørsted 的股价下跌 16%，至 180.35 丹麦克朗，此前美国政府对其位于罗德岛的 Revolution Wind 项目发出了停工令。这一命令增加了该公司在美国风能行业面临的挑战，该行业正经历日益增加的监管不确定性。Ørsted 正在进行 94 亿美元的增发，并正在评估解决方案，这可能导致 30 亿美元的减值。该项目目前已完成 80%，希望在 2026 年底之前恢复建设

Ørsted 股价大幅下跌，因革命风电项目收到停工令——更新