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Armed Troops Flood Capital—What’s Trump Planning Now?
August 25, 2025Trump Halts Wind Farm, Orsted Shares Plunge
Orsted said it will continue with plans to sell shares as it tries to contain a growing crisis that worsened after President Donald Trump’s administration ordered construction to halt on an almost-finished offshore wind farm. The value of the company plunged on Aug. 11 after an announcement for plans to raise some 60 billion Danish kroner ($9.4 billion) from investors, half of which will come from Danish taxpayers. It would be the biggest share sale for the European energy sector in over a decade. Bloomberg’s Christian Wienberg reports.
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