Orsted shares jump as US court reverses Trump's block on offshore wind project

COPENHAGEN, Jan 13 (Reuters) - Shares of Danish offshore wind ​developer Orsted jumped ‌5.1% on Tuesday after a U.S. ‌court cleared the company to resume work on its nearly completed Revolution Wind ⁠project, easing ‌fears of massive financial losses.

Offshore wind developers ‍have faced repeated disruptions to multi-billion dollar projects under U.S. ​President Donald Trump, who ‌has said he finds wind turbines ugly, expensive and inefficient.

The company's lawsuit is one of several filed ⁠by offshore wind ​companies and states ​seeking to reverse the Interior Department's December 22 ‍suspension ⁠of five offshore wind leases over what it ⁠said were national security concerns.

(Reporting by ‌Stine Jacobsen, editing by ‌Terje Solsvik)