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NJ, Orsted settle claims for $125M over scrapped offshore wind projects – NBC10 Philadelphia

NJ, Orsted settle claims for $125M over scrapped offshore wind projects – NBC10 Philadelphia
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WindAction | N J , wind farm developer settle claims for $125M

Jeff Tittel, a longtime environmentalist and retired president of the New Jersey Sierra Club, called the settlement with Orsted “a sellout.” “The governor said they would be held responsible for the entire $300 million they owe the state for their failed project,” he said. “They are being let off the hook, paying less than half, with New Jersey losing $175 million. This is a bad deal for New Jersey.” The settlement announcement was one of several that the administration of Democratic Gov. Phil Murphy made Tuesday regarding offshore wind.

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NJ, Orsted settle claims for $125M over scrapped offshore farms

Danish wind farm developer Orsted will pay New Jersey $125 million to settle claims over the company's cancellation of two offshore wind farms last year.

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New Jersey and wind farm developer Orsted settle claims for $125M over scrapped offshore projects

New Jersey and wind farm developer Orsted settle claims for $125M over scrapped offshore projects
toronto.citynews.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from toronto.citynews.ca Daily Mail and Mail on Sunday newspapers.

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New Jersey and wind farm developer Orsted settle claims for $125M over scrapped offshore projects – Winnipeg Free Press

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