Trump wants to ban wind farms, causing the stock price of the world's largest offshore wind power Operator to plummet.

On January 20 local time, Danish offshore wind power giant Ørsted announced a large-scale cut to its USA Business. This move comes as Trump takes office as President of the USA, casting a shadow over the prospects for the Wind Power industry - just hours after the latest impairment announcement, Trump was officially inaugurated and suspended new offshore wind power leases. After the market opened on Tuesday, Ørsted's European stocks fell more than 17%.

wallstreetcnJan 21 19:48 ET

Trump's National Energy Emergency Focuses on Next-Generation Tech

Dow JonesJan 20 21:18 ET

MGE Energy To Go Ex-Dividend On February 28th, 2025 With 0.45 USD Dividend Per Share

Moomoo NewsJan 17 19:45 ET

MGE Energy Keeps Quarterly Dividend at $0.45 a Share, Payable March 15 to Shareholders of Record on March 1

MT NewswiresJan 17 12:46 ET

Press Release: MGE Energy Declares Regular Dividend

Dow JonesJan 17 12:09 ET

Are MGE Energy, Inc.'s (NASDAQ:MGEE) Fundamentals Good Enough to Warrant Buying Given The Stock's Recent Weakness?

Yahoo FinanceJan 15 10:56 ET