DJ Revolution Wind and Sunrise Wind receive lease suspension orders from US Department of the Interior's Bureau of Ocean Energy Management
Ørsted A/S (Orsted) Revolution Wind and Sunrise Wind receive lease suspension orders from US Department of the Interior's Bureau of Ocean Energy Management 22-Dec-2025 / 21:36 CET/CEST =---------------------------------------------------------------------------------------------------------------------- 22.12.2025 21:36:04 CET | Ørsted A/S | Investor News On 22 December 2025, Revolution Wind LLC, a 50/50 joint venture with Global Infrastructure Partners' Skyborn Renewables, and Sunrise Wind LLC, a fully-owned subsidiary, received orders from the U.S. Department of the Interior's Bureau of Ocean Energy Management (BOEM) instructing the projects, respectively, to suspend all ongoing activities on the outer continental shelf for the next 90 days. BOEM reserves the right to extend the 90-day suspension. Revolution Wind LLC and Sunrise Wind LLC are complying with the respective orders and are taking appropriate steps to suspend related activities in a manner that prevents impacts on health, safety, and the environment. Ørsted is evaluating all options to resolve the matter expeditiously, together with its partners. This includes engagement with BOEM and other permitting agencies as well as the evaluation of potential legal proceedings. Revolution Wind and Sunrise Wind are both in advanced stages of construction and will be ready to deliver reliable, affordable power to American homes in 2026, with Revolution Wind expected to begin generating power in January. Revolution Wind and Sunrise Wind are fully permitted, having secured all required federal and state permits following comprehensive, years-long reviews. As a requirement of the permitting process for these projects, Revolution Wind LLC and Sunrise Wind LLC consulted closely and directly with the U.S Department of Defense Military Aviation and Installation Assurance Siting Clearinghouse to evaluate and address potential impacts to national security and defense capabilities from construction and operation of the Revolution Wind and Sunrise Wind projects. Revolution Wind has 20-year power purchase agreements to deliver 400 MW of electricity to Rhode Island and 304 MW to Connecticut. Sunrise Wind has a 25-year power purchase agreement to deliver 924 MW to New York State. Taken together, Sunrise Wind and Revolution Wind can power approximately 1 million homes across the three states. Ørsted is investing in American energy generation, grid upgrades, port infrastructure, and a supply chain, including US shipbuilding and manufacturing, extending to more than 40 states. Revolution Wind and Sunrise Wind employ hundreds of local union workers supporting construction activities. Ørsted's US offshore wind projects have totalled approximately 4 million labour union hours to date. For further information, please contact: Global Media Relations Michael Korsgaard +45 99 55 95 52 Globalmedia@orsted.com Investor Relations Valdemar Hoegh Andersen +45 99 55 56 71 IR@orsted.com About Ørsted Ørsted is a global leader in developing, constructing, and operating offshore wind farms, with a core focus on Europe. Backed by more than 30 years of experience in offshore wind, Ørsted has 10.2 GW of installed offshore capacity and 8.1 GW under construction. Ørsted's total installed renewable energy capacity spanning Europe, Asia Pacific, and North America exceeds 18 GW across a portfolio that also includes onshore wind, solar power, energy storage, bioenergy plants, and energy trading. Widely recognised as a global sustainability leader, Ørsted is guided by its vision of a world that runs entirely on green energy. Headquartered in Denmark, Ørsted employs approximately 8,000 people. Ørsted's shares are listed on Nasdaq Copenhagen (Orsted). In 2024, the group's operating profit excluding new partnerships and cancellation fees was DKK 24.8 billion (EUR 3.3 billion). Visit orsted.com or follow us on LinkedIn and Instagram. Attachments . Revolution Wind and Sunrise Wind receive lease suspension orders.pdf News Source: Ørsted A/S =---------------------------------------------------------------------------------------------------------------------- Dissemination of a Regulatory Announcement, transmitted by EQS Group. The issuer is solely responsible for the content of this announcement. View original content: EQS News =---------------------------------------------------------------------------------------------------------------------- ISIN: DK0060094928 Category Code: MSCL TIDM: Orsted LEI Code: W9NG6WMZIYEU8VEDOG48 Sequence No.: 412459 EQS News ID: 2250480 End of Announcement EQS News Service =------------------------------------------------------------------------------------
Image link: https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=show_t_gif&application_id=2250480&application_name=news&site_id=dow_jones%7e%7e%7ebed8b539-0373-42bd-8d0e-f3efeec9bbed
(END) Dow Jones Newswires
December 22, 2025 15:36 ET (20:36 GMT)
© 2025 Dow Jones News
