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2d ago

Ørsted JV, States Sue to Overturn BOEM Halt of Nearly Finished Revolution Wind

The stop has put an 80%‑built facility on ice under a national security rationale now headed for a courtroom review.

Workers walk past wind turbine blades at the State Pier in New London on Monday, Aug. 25, 2025, ahead of a press conference held in response to the Trump administration’s order to halt construction on the Revolution Wind project. (Aaron Flaum/Hartford Courant)
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Overview

  • BOEM ordered work stopped in August citing national security, with Interior officials referencing risks such as potential drone swarms and radar interference.
  • Revolution Wind LLC, the Ørsted–Skyborn joint venture, sued in D.C. federal court to vacate the order and is seeking a preliminary injunction to restart construction.
  • Connecticut and Rhode Island filed a separate suit in Rhode Island federal court arguing the halt exceeds BOEM’s authority under OCSLA and violates the Administrative Procedure Act.
  • Developers report roughly 80% completion with 45 of 65 turbines installed, more than $5 billion spent or committed, and potential cancellation liabilities exceeding $1 billion, with weekly costs near 100 million Danish crowns for Ørsted’s stake plus 60–70 million crowns tied to Sunrise Wind.
  • Ørsted won shareholder approval for a $9.4 billion rights issue and trimmed its 2025 EBITDA outlook, as ratings agencies warned of elevated credit risk and limited relief from the equity raise if delays persist.