EDF’s partner Shell exited the Atlantic Shores joint venture earlier this month, booking a $1 billion impairment associated ...
Just weeks after Shell plc pulled out of the Atlantic Shores joint venture to produce 2,800 megawatts of electric power from ...
French state-owned EDF announced its exiting the project. The announcement comes three weeks after Shell announced it was withdrawing from the joint venture.
The future of a New Jersey offshore wind project appears in jeopardy after one of two parent companies announced pausing its involvement.
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 ...
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 ...
(Reuters) - Atlantic Shores, a joint venture between Shell Plc and France's EDF, reiterated its commitment to delivering New Jersey's first offshore wind project on Thursday, despite Shell's ...
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 ...
Shell is reportedly taking a write-off of nearly $1 billion in connection with its abandonment of Atlantic Shores. The move is a serious blow to the project and to the future of offshore wind in ...
A pullout from offshore wind could hurt communities such as Paulsboro, where a wind-related port promised jobs and town revenue.