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

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 French court of auditors has advised EDF not to finalise its investment decision until its designs are complete and ...

The future of a New Jersey offshore wind project appears in jeopardy after one of two parent companies announced pausing its involvement.

Shell has effectively withdrawn from New Jersey’s first offshore wind farm, Atlantic Shores — marking the latest major setback to the state’s clean energy ambitions.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 ...

While a local grassroots organization has informed its membership that Atlantic Shores is unplugging its wind project off the coast of Long Beach Island, the company remains steadfast in its ...

Click to share on Facebook (Opens in new window) Click to share on X (Opens in new window) James City County teens showed ‘bravery, selflessness and determination’ in pulling kids out of an ...

Save Long Beach Island (Save LBI), the non-partisan watchdog group formed in 2021 to protect the ocean and New Jersey ...

(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 ...