A federal judge granted a stay against the Trump administration's stop-work order on Vineyard Wind. (MV Times)
The ruling—in which a judge called the stop-work order “arbitrary and capricious”—allows the $4.5B project to resume construction immediately.
The clock is now ticking. Developers have until March 31 to install the final 18 turbines and complete blade replacements before their contract for a specialized jack-up vessel expires. If they miss that window, lenders have warned the project faces default and foreclosure.