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Global energy giant Shell announced Thursday that it has withdrawn from the Atlantic Shores offshore wind project in New Jersey, another huge blow to the state’s ambitious renewable energy plans.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 ...
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 ...
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.
EDF’s partner Shell exited the Atlantic Shores joint venture earlier this month, booking a $1 billion impairment associated ...
French energy giant EDF announced it has written down $940 million in the value of its stake in the Atlantic Shores wind ...
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 ...
Just weeks after Shell plc pulled out of the Atlantic Shores joint venture to produce 2,800 megawatts of electric power from ...
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 ...
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 ...