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 ...
justthenews19h
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.
Atlantic Shores Offshore Wind says it remains committed to NJ, despite Shell announcement
The future of a New Jersey offshore wind project appears in jeopardy after one of two parent companies announced pausing its involvement.
Hosted on MSN25d
Shell withdraws from big N.J. wind farm that Trump wanted ‘dead and gone’
Global energy giant Shell announced Thursday that it has withdrawn from the Atlantic Shores offshore wind project in New Jersey, another huge blow to the state’s ambitious renewable energy plans.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 ...
The Press of Atlantic City4d
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 ...
WorkBoat3d
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 ...
NJ.com26d
Shell pulls out of N.J.’s 1st offshore wind farm. Is project now at risk?
Shell has effectively withdrawn from New Jersey’s first offshore wind farm, Atlantic Shores — marking the latest major setback to the state’s clean energy ambitions.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 ...
4C Offshore1d
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 ...
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 ...
Hosted on MSN25d
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 ...
Reuters27d
Atlantic Shores reaffirms commitment to New Jersey offshore wind despite Shell's write-off
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 ...