The company acknowledged that business plans and partnerships "evolve over time." Massive project forges ahead after oil ...

The future of a New Jersey offshore wind project appears in jeopardy after one of two parent companies announced pausing its ...

Global energy giant Shell announced Thursday that it has withdrawn from the Atlantic Shores offshore wind project in New Jersey, another huge blow to the state’s ambitious renewable energy plans. The ...

EDF said it was taking a write-down of $944 million on Atlantic Shores, which earlier this month lost its partner in the ...

French energy giant EDF announced it has written down $940 million in the value of its stake in the Atlantic Shores wind ...

Just weeks after Shell plc pulled out of the Atlantic Shores joint venture to produce 2,800 megawatts of electric power from ...

EDF’s partner Shell exited the Atlantic Shores joint venture earlier this month, booking a $1 billion impairment associated ...

French state-owned EDF announced its exiting the project. The announcement comes three weeks after Shell announced it was withdrawing from the joint venture.

EDF says write down against US offshore wind project it co-owns with Shell follows 'significant evolutions' in policy ...

EDF has acknowledged that the project is now worth less than it was previously and reflected this loss in their financial ...

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 ...

The decision follows Shell's (NYSE:SHEL) exit as an equity partner in the Atlantic Shores project as well as uncertainty driven by federal actions and permitting, the New Jersey Board of Public ...