Norway's Equinor is contemplating legal action against the Trump administration after a surprising halt to its $2.5 billion Empire windfarm project off New York. The company has already invested nearly $2 billion into the project, which was approved in 2023 and was nearly a third complete, set to supply power to 500,000 homes by 2027. The stop-work order has devastated Equinor's market position, contrary to expectations that renewable energy projects would thrive under the Biden administration and potentially affecting 1,500 jobs.
Anders Opedal, chief executive of Equinor, stated, "We have invested in Empire Wind after obtaining all necessary approvals, and the order to halt work now is unprecedented and in our view unlawful."
The halt of construction for the Empire windfarm project, which is nearly a third complete, has been described as a shocking decision by industry experts.
The project, expected to power 500,000 US homes in 2027, faced an abrupt stop due to a review initiated by Trump's administration, aimed at reassessing offshore wind permits.
Equinor's legal options are being considered following a substantial investment of almost $2bn, expected to impact the future of wind energy projects in the US.
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