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 slid 17% on Monday after the U.S. halted the Danish company's Revolution Wind project off Rhode Island, adding to concerns about the future of the U.S. offshore wind market as President Donald Trump curbs investment in renewable energy.

Orsted, the Danish offshore-wind company that made an ill-timed push into the U.S., is having a summer to forget. Orsted shares fell 16% to an all-time low Monday after the company received an order from the U.

There is no evidence that wind farms cause cancer. As recently as last year, the federal government declared there was no known link between large-scale whale deaths and offshore wind. Turbine blades whipping through the air do kill birds, as do buildings with glass facades. As for the aesthetic merits of turbines, it’s a matter of debate.

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.

Revolution Wind is located about 15 miles south of Little Compton and, when complete, will have 65 wind turbines.

Denmark’s Orsted lost almost a fifth of its market value at one point as investors sold the offshore wind champion’s shares. They were reacting to orders by President Donald Trump to cease developing an almost-finished project in the northeast US.

The Trump administration issued a stop-work order, over national security concerns, on a nearly completed offshore wind project for Massachusetts and Rhode Island.

The Trump administration is halting wind projects that had been approved, financed and underway while providing little to no justification.

The Trump administration is working to halt development of an offshore wind project planned near Maryland, in the latest escalation of the president’s war on the clean energy source he loathes.