Atlantic Shores Offshore Wind asks to terminate project’s renewable energy credits
Utiliity Dive
JUNE 10, 2025
In January, Shell booked a $1 billion impairment associated with the project, which EDF referred to as a “withdrawal” in its annual financial report and which led to NJBPU canceling its fourth offshore wind solicitation. A month later, EDF Renewables booked a $980 million impairment associated with the project. or its subsidiaries.
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