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Home - Atlantic Shores Offshore Wind
Feb 4, 2025 · Atlantic Shores Offshore Wind, LLC is a 50:50 partnership between Shell New Energies US LLC and EDF Renewables North America and its Lease Area is located approximately 10-20 miles off the coast of New Jersey between Atlantic City and Barnegat Light.
Second partner exits embattled Atlantic Shores offshore wind …
15 hours ago · French energy company EDF announced it would withdraw from its stake in the Atlantic Shores wind project off the coast of New Jersey. The news follows Shell’s decision to depart the controversial project. Luc Remont, chief executive for EDF, France’s state-owned utility, said in a conference ...
Shell withdraws from Atlantic Shores wind project | WorkBoat
Jan 30, 2025 · Shell plc is withdrawing from the Atlantic Shores wind project of New Jersey, writing off nearly $1 billion as the energy major retreats from its earlier pivot toward renewables.
Shell exits Atlantic Shores offshore wind project
Feb 5, 2025 · Shell has reportedly exited the Atlantic Shores offshore wind project, saying that the project no longer fits its capabilities or the returns the company expected.
EDF Renewables books $980M impairment from Atlantic Shores …
15 hours ago · EDF’s partner Shell exited the Atlantic Shores joint venture earlier this month, booking a $1 billion impairment associated with the investment.
Shell pulls out of N.J.’s 1st offshore wind farm. Is project now at ...
Jan 30, 2025 · Shell has effectively withdrawn from New Jersey’s first offshore wind farm, Atlantic Shores — marking the latest major setback to the state’s clean energy ambitions. Spokespeople told NJ...
EDF books $940 million loss on Atlantic Shores wind project
3 days ago · The Atlantic Shores offshore wind project would build up to 200 turbines off Long Beach Island and Atlantic City, N.J. BOEM graphic. With the new Trump administration’s hostility to offshore wind projects, Shell’s continuing pivot away from renewable projects to its legacy oil business, was a ...
Atlantic Shores Presses On After Shell’s $1 Billion Offshore Wind …
Jan 31, 2025 · Shell on Thursday announced its exit from the Atlantic Shores offshore wind project, taking a $996 million impairment as the U.S. offshore wind sector faces renewed political challenges.
Shell joint venture Atlantic Shores wins acreage in New York …
Feb 25, 2022 · Atlantic Shores LLC and Mayflower Wind Energy LLC, are Shell’s two separate offshore wind 50-50 joint ventures in partnership with EDF and OW North America LLC respectively. Provisional winners will be known at the end of the auction.
Shell Joint Venture Atlantic Shores Granted Right To Power …
Jun 30, 2021 · Through a rigorous bid and selection process, Atlantic Shores won the rights to provide 1.5 gigawatts (GW) of renewable offshore energy, enough energy to power over 700,000 homes.