EDF said it was taking a write-down of $944 million on Atlantic Shores, which earlier this month lost its partner in the ...
Just weeks after Shell plc pulled out of the Atlantic Shores joint venture to produce 2,800 megawatts of electric power from ...
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, a complex of wind farms planned off the coast of South Jersey, was the only project that submitted a bid. WHYY thanks our sponsors — become a WHYY sponsor “The Board concluded that an ...
it’s unlikely offshore wind farms will be a part of Murphy’s legacy. Energy giant Shell paused its deal with Atlantic Shores Thursday. BPU’s announcement Monday ended further bids on ...
Energy giant Shell wrote off its 50% stake in Atlantic Shores, choosing to take a $1 billion impairment instead of complete the 2,800 megawatt wind farm. New Jersey’s Board of Public Utilities ...
Dominion Energy looks set to deliver its flagship offshore wind farm, Coastal Virginia Offshore Wind (CVOW ... and Shell withdrew from a joint venture developing the 2.8GW Atlantic Shores offshore ...
EDF has acknowledged that the project is now worth less than it was previously and reflected this loss in their financial ...