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 ...
Atlantic Shores, made up also of EDF Renewables North America, said last year that its nearly 200 offshore wind turbines were set to possibly begin construction in 2025. Now, the timeline of any ...
EDF has acknowledged that the project is now worth less than it was previously and reflected this loss in their financial ...
French state-owned EDF announced its exiting the project. The announcement comes three weeks after Shell announced it was withdrawing from the joint venture.
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