Atlantic Shores reaffirms commitment to New Jersey offshore wind despite Shell's write-off
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 recent $1 billion write-off related to the venture.
In win for Trump, oil giant Shell walks away from major New Jersey offshore wind farm
In the first serious fallout from President Donald Trump's early actions against offshore wind power, oil and gas giant Shell is walking away from a major project off the coast of New Jersey. Shell told The Associated Press it is writing off the project,
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.
Atlantic Shores vows to push forward with NJ wind farm despite Shell's reported pullout
Atlantic Shores says it will push forward with its planned wind energy farm off the coast of southern New Jersey despite the reported pullout of one of the venture's two partners.
Shell Pulls Out of Atlantic Shores Offshore Wind Project
On a fourth quarter earnings call Jan. 30, Shell plc told analysts that the company was pausing its involvement in the Atlantic Shores offshore wind farm project. The company said it will take a $956 million write-off.
Shell withdraws from Atlantic Shores wind project
Shell plc is withdrawing from the Atlantic Shores wind project of New Jersey, writing off nearly $1 billion as the energy major retreats from its earlier pivot toward renewables. In its quarterly earn
Shell withdraws from Atlantic Shores wind project off New Jersey coast
Energy company Shell withdrew from the Atlantic Shores offshore wind project. Atlantic Shores said it remains committed to the project, and Gov. Phil Murphy has said it is vital to the state's renewable energy needs. An Action News Climate Ready report last fall highlighted the headwinds facing offshore wind.
Atlantic City to hold special meeting, consider ending offshore wind ordinance
Atlantic City Council will hold a special meeting Feb. 5 to consider rescinding an ordinance that gave Atlantic Shores permanent easements to move electricity across the city from its offshore wind farm.
Atlantic Shores commits to New Jersey wind project despite Shell’s write-off
Atlantic Shores has committed to deliver New Jersey’s first offshore wind project despite Shell’s $1bn write-off related to the venture.
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 ...
Shell pulls out of N.J.’s 1st offshore wind farm. Is project now at risk?
Shell has withdrawn from New Jersey’s first offshore wind farm, Atlantic Shores — marking the latest hit to the state’s clean ...
Wind farm developer said project will continue despite loss of major investor
The news comes about a week after President Trump issued an order blocking new leases and permits for onshore and offshore ...
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Shell's $1bn hit to quit US offshore wind plan Trump wants 'dead and gone'
Oil giant says Atlantic Shores project with EDF doesn't fit 'capabilities or returns' as it books near $1bn impairment ...