Land based wind turbines spin in atlantic city n.j. on july 20, 2023. wind developer orsted scrapped the project on oct. 31, 2023, citing supply chain problems and high interest rates. (ap photo wayne parry) 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. 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.
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. By wayne parry, the associated press. ocean city, n.j. — 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. Ørsted wants to avoid paying $300m guarantee to nj. season 2023 episode 11 07 2023. orsted an underwriter of nj spotlight news sent a letter to the board of public utilities withdrawing from. 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 i and ii projects in […].
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