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0 -7.57805395573727E-05 0.000303122158229706 0.00166717187026371 0.00522885722946346 0.000454683237344667 -0.00143983025159137 -0.00265231888451041
Stock impact report

Offshore wind stocks slide after US suspends East Coast project leases [Yahoo! Finance]

Eversource Energy (D/B/A) (ES) 
Last eversource energy (d/b/a) earnings: 2/19 04:15 pm Check Earnings Report
Company Research Source: Yahoo! Finance
East Coast, citing national security concerns. Orsted ended down 12% in Copenhagen, while Vestas Wind Systems fell 2.65%. In U.S. Eversource Energy was down 1.65% and Dominion Energy slid 4.2%. The U.S. Interior Department said the turbines could interfere with military radar systems and potentially create false targets. The move marks the latest setback for the sector under President Donald Trump, who has opposed offshore wind power and imposed restrictions on renewable energy since returning to office. Trump has previously criticized offshore wind projects as costly and inefficient. The suspension adds to mounting uncertainty for offshore wind developers operating in the United States. The policy uncertainty has already weighed on project financing. Orsted earlier this year raised $9.4 billion to help fund its U.S. offshore wind developments after some potential partners were discouraged by the regulatory environment. Related articles Offshore wind stocks slide after Show less Read more
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