Orsted wants out of 300M forfeiture for scrapped New Jersey offshore wind farms

Orsted wants out of 300M forfeiture for scrapped New Jersey offshore wind farms

OCEAN CITY, N.J. (AP) — Offshore wind power company Orsted is trying to get out of a $300 million guarantee it agreed to pay New Jersey in the event it failed to build its first wind farm off the state’s coast. Last Tuesday, the Danish firm scrapped its Ocean Wind…Read More

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