EDF said it was taking a write-down of $944 million on Atlantic Shores, which earlier this month lost its partner in the joint wind venture when Shell pulled out.
French energy giant EDF announced it has written down $940 million in the value of its stake in the Atlantic Shores wind ...
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.
French state-owned EDF announced its exiting the project. The announcement comes three weeks after Shell announced it was withdrawing from the joint venture.
Atlantic Shores South offshore wind project, to be built about 9 miles off the Jersey Shore and south of Long Beach Island, received another important approval on the company's path toward ...
EDF has acknowledged that the project is now worth less than it was previously and reflected this loss in their 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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