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Stock impact report

New York offshore wind project to resume construction after judge lifts Trump suspension [CNBC]

Equinor ASA (EQNR) 
Last equinor asa earnings: 2/6 12:43 am Check Earnings Report
Company Research Source: CNBC
The crew of an American-flagged barge will lay cable to connect the Empire Wind farm to New York City's grid a milestone for an embattled sector. Bryan Derballa | Bloomberg | Getty Images Empire Wind will resume construction off the coast of New York after a federal judge on Thursday temporarily lifted the Trump administration's suspension of the project. The preliminary injunction issued by Judge Carl J. Nichols of the U.S. District Court for the District of Columbia is the latest setback for President Donald Trump 's efforts to stop offshore wind projects. Equinor, the Norwegian company developing the project, said in a statement that it “will now focus on safely restarting construction activities that were halted during the suspension period.” “In addition, the project will continue to engage with the U.S. government to ensure the safe, secure and responsible execution of its operations,” Equinor said. It filed a lawsuit on Jan. 2 calling the suspenstion “the latest unl Show less Read more
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