French state-owned EDF announced its exiting the project. The announcement comes three weeks after Shell announced it was withdrawing from the joint venture.
French energy giant EDF announced it has written down $940 million in the value of its stake in the Atlantic Shores wind ...
EDF said it was taking a write-down of $944 million on Atlantic Shores, which earlier this month lost its partner in the ...
Announcements of cutbacks and changes in leadership this week showed the offshore industry faces "a series of headwinds." ...
Shell has effectively withdrawn from New Jersey’s first offshore wind farm, Atlantic Shores — marking the latest major setback to the state’s clean energy ambitions. Spokespeople told NJ ...
The future of a New Jersey offshore wind project appears in jeopardy after one of two parent companies announced pausing its ...
A pullout from offshore wind could hurt communities such as Paulsboro, where a wind-related port promised jobs and town revenue.
While a local grassroots organization has informed its membership that Atlantic Shores is unplugging its wind project off the coast of Long Beach Island, the company remains steadfast in its ...
Atlantic Shores says it will push forward with its planned wind energy farm off the coast of South Jersey despite the reported pullout of one of the venture’s two partners. Bloomberg reported ...
(Reuters) - Atlantic Shores, a joint venture between Shell Plc and France's EDF, reiterated its commitment to delivering New Jersey's first offshore wind project on Thursday, despite Shell's ...
A weighty reversal for New Jersey’s offshore wind future came on two fronts Monday. Days after oil and gas giant Shell backed out of New Jersey’s first offshore wind farm pointing to financial ...
Gas company Shell has announced taking a nearly $1 billion write down on its major New Jersey offshore project called Atlantic Shores Offshore Wind, but the offshore wind project leaders still ...
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