Orsted A/S shares fell as much as 19% to a record low after the Trump administration blocked construction of an almost-finished offshore wind farm, throwing a wrench into the Danish company’s planned 60 billion-kroner ($9.

Shares in Orsted plunged 17% on Monday after the U.S. halted the Danish company's Revolution Wind project off Rhode Island amid President Donald Trump’s pushback on renewable energy investments.

The world's biggest offshore wind farm developer Ørsted saw its shares dive into the double-digit losses as the company’s Revolution Wind project received a stop-work order from the US authorities. This comes at a testing moment for the company's finances.