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’s partner Shell exited the Atlantic Shores joint venture earlier this month, booking a $1 billion impairment associated ...
EDF said it was taking a write-down of $944 million on Atlantic Shores, which earlier this month lost its partner in the ...
The future of a New Jersey offshore wind project appears in jeopardy after one of two parent companies announced pausing its involvement.
EDF has acknowledged that the project is now worth less than it was previously and reflected this loss in their financial ...
Global energy giant Shell announced Thursday that it has withdrawn from the Atlantic Shores offshore wind project in New Jersey, another huge blow to the state’s ambitious renewable energy plans.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 ...
Shell has effectively withdrawn from New Jersey’s first offshore wind farm, Atlantic Shores — marking the latest major setback to the state’s clean energy ambitions. Spokespeople told NJ ...
French energy giant EDF announced it has written down $940 million in the value of its stake in the Atlantic Shores wind ...
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 ...
EDF says write down against US offshore wind project it co-owns with Shell follows 'significant evolutions' in policy ...
Jan 30 (Reuters) - Atlantic Shores, a joint venture between Shell Plc (SHEL.L), opens new tab and France's EDF, reiterated its commitment to delivering New Jersey's first offshore wind project on ...