Search
February 25, 2025
Looking to read the full article? Scroll down and login or sign up today!
Page Reload Scroll Position
Shell Quits Atlantic Shores Offshore Wind Project in NJ
Oil Supermajor Takes $1B Impairment on Move
Shell has withdrawn from the partnership behind Atlantic Shores Offshore Wind, which is planned to be built off the New Jersey coast.
Shell has withdrawn from the partnership behind Atlantic Shores Offshore Wind, which is planned to be built off the New Jersey coast. | Shutterstock
|
Atlantic Shores said its offshore wind project in New Jersey will continue despite Shell's exit, which caused the oil supermajor a $1 billion impairment.
Please enter your email address (business domain required) for access.
Company NewsNew JerseyOffshore Wind Power