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Renewable shares rise after US election result

Renewable-energy companies including Ørsted gained after the US midterm result gave investors greater clarity about the political backdrop, the Financial Times reported. The sector had faced two years of hostility from the Trump administration, and the election outcome prompted markets to reassess the policy risk surrounding clean-energy investment.

Why it matters

The move illustrates how quickly election outcomes can change valuations in sectors whose economics depend heavily on public policy.

Sources

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