Stock price hits all-time low! The world's largest offshore wind power developer, Orsted, is about to complete a project, but has been halted by the U.S. government.

According to the Securities Times APP, the stock of Orsted, the world's largest offshore wind power developer, plummeted by over 16% to 179.10 Danish Kroner on the Copenhagen Stock Exchange on Monday, hitting a historic low. Earlier, the company announced that the Trump administration had issued a stop work order for its "Revolution Wind" wind power project near the coast of Rhode Island, which was set to be completed soon. This incident disrupted the company's planned 60 billion Danish Kroner (about 9.4 billion US dollars) stock issuance plan. Its stock price has already dropped by over 40% this year, leading to a nearly 8 billion US dollar decrease in the company's market value. The stock price of American utility company Eversource Energy (ES.US) (which is related to the debt of Revolution Wind) fell by as much as 7.5% at one point, marking its largest drop since January 2024, and ultimately closing down by 4.7%.