French energy giant EDF announced it has written down $940 million in the value of its stake in the Atlantic Shores wind ...

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 ...

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.

EDF has acknowledged that the project is now worth less than it was previously and reflected this loss in their financial ...

A pullout from offshore wind could hurt communities such as Paulsboro, where a wind-related port promised jobs and town revenue.

New Jersey officials on Monday said the state would not grant awards for new offshore wind contracts, a sign that U.S. President Donald Trump's order to review the federal offshore wind program is ...

(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 ...

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 ...

An ill wind has been blowing around New Jersey's Atlantic Shores offshore wind farm, and the latest gust came Friday as the lone remaining partner in the beleaguered project wrote off nearly a ...