Orsted shares seen up 7-10% after Revolution Wind ruling

Oersted A/S

13/01/2026 07:52

** Shares in Orsted ORSTED.CO are called to rise 7-10% after a federal judge cleared the Danish offshore wind developer to resume work on its nearly finished Revolution Wind project

** U.S. President Donald Trump's administration halted the project together with four others last month

** Jefferies sees "small" impact of about DKK 100 million  ($15.60 million) from stop work order on Revolution Wind if there are no further stops in 2026

** The broker expects court date soon for preliminary injunction on Orsted's another project that been suspended, Sunrise Wind, as Orsted filed it six days after the one on Revolution Wind

    ** Danish wind turbine maker Vestas VWS.CO is called up between 2% and 3%

($1 = 6.4104 Danish crowns)

 (Reporting by Vera Dvorakova)

 ((vera.dvorakova@thomsonreuters.com))