Orsted shares fell 19%to a historic low, after the government’s decision Trump to block the construction of an almost integrated offshore wind farmobstructing the planned sale of 60 billion ($ 9.4 billion) shares worth the government backed by the government.
These events mark the last attempt by the Trump government to stop the expansion of offshore wind farms, a source of energy that the president personally dislikes. These efforts include the interruption of new leases in places and licenses for new offshore wind farms, as well as the abolition of tax reliefs that support the projects.
The administration of the Danish Wind Energy Society will meet with investors and advisers in London tomorrow Tuesday (26.8.2025), to assure them that the growing crisis is under control and that the scheduled issuance of rights will proceed. Orsted has not yet officially launched the offer or has set its price, and is consulted by banks such as Jpmorgan and Morgan Stanley.
Orsted’s share declined up to 19% in Copenhagen today Monday (25.8.2025). The shares have fallen almost 50% this year, reducing the company’s value by almost $ 8 billion.