EDF Renewables books $980M impairment from Atlantic Shores Offshore Wind
EDF’s partner Shell exited the Atlantic Shores joint venture earlier this month, booking a $1 billion impairment associated ...
Cape May County Herald Newspapers3d
French Energy Giant Takes Write-Down on Atlantic Shores Project
Just weeks after Shell plc pulled out of the Atlantic Shores joint venture to produce 2,800 megawatts of electric power from ...
WHYY1mon
Shell pauses N.J. offshore wind project as industry faces ‘high level of uncertainty’
suburbs to South Jersey and Delaware, what would you like WHYY News to cover? Let us know! Oil giant Shell is pausing its involvement in the Atlantic Shores wind project, which was expected to start ...
The Press of Atlantic City9d
Another setback for Atlantic Shores as lone remaining firm writes off $944M on New Jersey wind farm
EDF said it was taking a write-down of $944 million on Atlantic Shores, which earlier this month lost its partner in the ...
justthenews6d
Second partner exits embattled Atlantic Shores offshore wind project
French state-owned EDF announced its exiting the project. The announcement comes three weeks after Shell announced it was withdrawing from the joint venture.
Hosted on MSN1mon
Atlantic Shores commits to New Jersey wind project despite Shell’s write-off
Atlantic Shores, a joint venture between Shell and France’s EDF, has reaffirmed its commitment to delivering New Jersey’s first offshore wind project despite Shell’s recent $1bn write-off ...
WorkBoat8d
EDF books $940 million loss on Atlantic Shores wind project
French energy giant EDF announced it has written down $940 million in the value of its stake in the Atlantic Shores wind ...
Recharge8d
French take $941m hit over wind farm Trump wants 'dead and gone'
EDF says write down against US offshore wind project it co-owns with Shell follows 'significant evolutions' in policy ...
4C Offshore7d
EDF recognizes loss in its 2024 results on Atlantic Shores offshore wind project.
EDF has acknowledged that the project is now worth less than it was previously and reflected this loss in their financial ...
Wall Street Journal23d
New Jersey Reaps the Wind, Again
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 ...
Clamshells Fascinate a Greek Jeweler
The purplish shells of quahogs, treasured in the past by Native Americans, now appear alongside gold, mother-of-pearl and ...
NJ.com28d
N.J. kills bid for more offshore wind plans, says now’s not the right time
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 ...