Ørsted Says U.S. Offshore Wind Projects on Track but Costly
Developer Blames Q3 Loss Largely on Tariffs, Stop-work Order
Ørsted's Eco Edison service operations vessel and the Bokalift 1 heavy lift vessel are shown at work on the Revolution Wind project off the New England coast Aug. 20. | Ørsted
Nov 5, 2025
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Ørsted reported a net loss for the third quarter, attributed to the continuing financial challenges for its U.S. offshore wind portfolio, but it also said those projects are progressing well toward completion.
