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Stock impact report

Developer of New York offshore wind farm is asking a federal judge to spare it from Trump [Yahoo! Finance Canada]

Equinor ASA (EQNR) 
Last equinor asa earnings: 2/6 12:43 am Check Earnings Report
The Empire Wind project is designed to power more than 500,000 homes. Norwegian company Equinor said it will likely have to kill the project if construction can't resume soon due to the availability of specialized vessels and heavy financial losses. The case is being heard by District Judge Carl J. Nichols, an appointee of President Donald Trump. Empire Wind is one of five big offshore wind projects on the East Coast that the administration froze days before Christmas , citing national security concerns. Developers and states have sued seeking to block the order. Equinor's hearing is the second of three hearings for these legal challenges this week; on Monday, a judge ruled that a project serving Rhode Island and Connecticut could resume. Trump has targeted offshore wind from his first days back in the White House, most recently calling wind farms “losers” that lose money, destroy the landscape and kill birds. When his administration cited national security concerns, it gave no Show less Read more
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