Debt Financing Nexus
No Result
View All Result
  • Login
  • Home
  • Business
  • Finance
  • Mortgage
  • Banking
  • Credit Cards
  • Investing
  • Loans
  • Saving
  • Taxes
  • More
    • Markets
    • Economy
    • Real Estate
    • Crypto
Subscribe For Alerts
  • Home
  • Business
  • Finance
  • Mortgage
  • Banking
  • Credit Cards
  • Investing
  • Loans
  • Saving
  • Taxes
  • More
    • Markets
    • Economy
    • Real Estate
    • Crypto
No Result
View All Result
Debt Financing Nexus
No Result
View All Result
Home Economy

Federal judge rules against Trump admin, allows offshore wind project to resume

News Room by News Room
October 4, 2025
Reading Time: 2 mins read
0
Federal judge rules against Trump admin, allows offshore wind project to resume

Construction on a U.S. offshore wind project has resumed after a federal judge ruled that Denmark’s Orsted may move forward, even as the Trump administration’s broader legal effort to permanently block the project remains ongoing.

The ruling, handed down on Monday, is a legal setback for President Donald Trump. Attorneys for the administration had argued that the project, located 15 miles off the coast of Rhode Island, failed to comply with some conditions of its permit.

A stop-work order was issued on August 22 for Revolution Wind by the U.S. Bureau of Energy Management. Revolution Wind was 80% complete with all offshore foundations in place and 45 of 65 wind turbines installed at the time.

“Revolution Wind is back on track,” Connecticut’s Democratic Governor Ned Lamont wrote on X on Tuesday. “Nearly complete, this project will power 350,000 homes, lower energy costs, support countless jobs, and pave the way for a clean energy future.”

GROUNDBREAKING PROJECT SPARKS NEW ERA OF NUCLEAR ENERGY IN US

Orsted and joint venture partner Skyborn Renewables have already spent or committed about $5 billion to the project, according to U.S. court filings by the companies obtained by Reuters. They would incur over $1 billion in breakaway costs if it were to be canceled.

BLUE STATE SCRAMBLES TO STOP BIG OIL COMPANIES FROM FLEEING

Wind turbine foundation

“President Trump was elected with a resounding mandate to end Joe Biden’s war on American energy and restore our country’s energy dominance – which includes prioritizing the most effective and reliable tools to power our country,” a White House spokesperson told Bloomberg Law. 

WInd turbine parts in Connecticut in August 2025

The spokesperson added that the ruling “will not be the final say on the matter.”

Reuters contributed to this report. 

Read the full article here

ShareTweetSendSend

Related Posts

Beef prices soar as American families pay steep prices for steaks and burgers nationwide
Economy

Beef prices soar as American families pay steep prices for steaks and burgers nationwide

January 16, 2026
45 sickened with salmonella in connection with recall of Super Greens diet supplement powder
Economy

45 sickened with salmonella in connection with recall of Super Greens diet supplement powder

January 15, 2026
Jack in the Box shut down more than 70 stores with more expected by year’s end over financial struggles
Economy

Jack in the Box shut down more than 70 stores with more expected by year’s end over financial struggles

January 9, 2026
$400k shipment of live lobsters hijacked en route to Midwest Costco locations
Economy

$400k shipment of live lobsters hijacked en route to Midwest Costco locations

January 8, 2026
Over 20 state economies are in or near recession, Moody’s finds
Economy

US economy expected to grow faster in 2026 despite stagnant job market: Goldman Sachs

January 7, 2026
Musk says AI and robotics are ‘only’ things that can solve massive US debt crisis
Economy

Musk sounds alarm on silver as China restricts exports needed for critical industrial processes

January 6, 2026

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Debt Financing Nexus

We bring you the best Premium WordPress Themes that perfect for news, magazine, personal blog, etc. Visit our landing page to see all features & demos.

LEARN MORE »

Recent Posts

  • Mortgage rates fall to lowest level since 2022
  • Beef prices soar as American families pay steep prices for steaks and burgers nationwide
  • Trump calls for 1-year 10% cap on credit card interest rates

Categories

  • Banking
  • Business
  • Credit Cards
  • Crypto
  • Economy
  • Finance
  • Investing
  • Loans
  • Markets
  • Mortgage
  • Real Estate
  • Saving
  • Taxes
  • Uncategorized
  • Privacy Policy
  • Terms of use
  • Advertise
  • Contact

© 2025 Debt Financing Nexus. All Rights Reserved.

No Result
View All Result
  • Home
  • Business
  • Finance
  • Mortgage
  • Banking
  • Credit Cards
  • Investing
  • Loans
  • Saving
  • Taxes
  • More
    • Markets
    • Economy
    • Real Estate
    • Crypto

© 2025 Debt Financing Nexus. All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.