The Norwegian Energy Giant Equinor said on Wednesday that the United States’s decision to stop the New York Wind Farm Project was illegal and warned that it still weighs its legal options.
In the middle of April, the US government ordered the timing construction of the huge wind farm, as another blow to the President of Industry, Donald Trump.
The Empire Wind 1 project, which is estimated at $ 2.5 billion, includes 54 turbines designed to provide 810 megawatts of energy to Brooklyn, where 500,000 homes have been operated.
“We have invested at Empire Wind after obtaining all the necessary approvals, and it is now unprecedented and in our view is illegal,” Anders Opal, CEO of employees, said in a quarterly statement on Wednesday.
“We are seeking directly with the American administration to clarify the matter and think about our legal options,” he said.
The United States government argued that the administration of former President Joe Biden “rushed through” approval of the project “without sufficient analysis.
Opeedal made the statement where Equinor stated that his net profit reached 2.63 billion kronor ($ 254 million) in the first quarter, with a decrease in their capacity by 2 percent of the same period last year.
The modified operating income increased by 15 percent to 8.65 billion kronor, overcoming analysts in the consensus of 8.51 billion kronor.
“I am pleased to see good operational performance and solid production capacity of high gas prices,” Opal said in a statement.
He said: “With the uncertainty in the market, the primary goal of the honorable, stable and effective, and flexible through a strong public budget.”
This story was originally shown on Fortune.com
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