
Ørsted Offshore EBITDA Rises in Q1
Ørsted reported higher offshore EBITDA in Q1 2026 as it advanced offshore wind projects in the US, Europe, and Taiwan while maintaining full-year guidance.

Ørsted reported higher offshore EBITDA in Q1 2026 as it advanced offshore wind projects in the US, Europe, and Taiwan while maintaining full-year guidance.

Vineyard Wind completed blade installation and Revolution Wind began supplying electricity, marking a major offshore wind milestone for New England after years of delays, cost pressure and legal disputes.

Orsted has sued in Washington, D.C. over US President Donald Trump’s order halting construction at its 924MW Sunrise Wind offshore wind farm, saying the stoppage costs over $1 million a day and cancellation could exceed $8 billion.

A federal judge has granted a preliminary injunction that allows the Revolution Wind offshore wind project in New England to restart construction after being halted by the Trump administration over national security concerns.
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