New Jersey's goal of becoming an East Coast hub for offshore-wind power has suffered a huge setback after Danish energy company Orsted announced it was scuttling plans for two major projects in the southern part of the Garden State and taking a write-down that could hit $5.55 billion.
Danish Energy Developer Orsted Shelves Two New Jersey Offshore Wind Projects
Garden State Was Chosen To Be East Coast Hub for Fledgling Industry
By Linda Moss
CoStar News
November 1, 2023 | 7:57 P.M.
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