Jul 10, 2024 · 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.

3 days ago · Shell owns half of the Atlantic Shores offshore wind development through a 50:50 joint venture with EDF Renewables, Atlantic Shores Offshore Wind, LLC. Following Shell’s announcement, EDF said that it remained committed to advancing the Atlantic Shores project, which called for the construction of two offshore wind farms off the coast of ...

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.. In its quarterly earnings report on Jan. 30, Shell disclosed a $996 million impairment associated with Atlantic Shores, planned as a 2,800-megawatt array of 197 turbines off Long Beach Island and Brigantine, N.J.

Jan 30, 2025 · Shell has effectively withdrawn from New Jersey’s first offshore wind farm, Atlantic Shores — marking the latest major setback to the state’s clean energy ambitions.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 ...

Jan 30, 2025 · Shell's fourth-quarter earnings included $2.2 billion in impairments, part of which was a $1 billion write-off for Atlantic Shores, with Chief Financial Officer Sinead Gorman stating that the ...

Oct 1, 2024 · Atlantic Shores Offshore Wind (Atlantic Shores) is a 50:50 partnership between Shell New Energies US LLC and EDF-RE Offshore Development, LLC (a subsidiary of EDF Renewables North America). Both companies bring decades of experience developing onshore and offshore energy projects across the globe.

Atlantic Shores Offshore Wind, LLC (Atlantic Shores) is a 50:50 joint venture partnership between Shell New Energies US LLC and EDF-RE Offshore Development, LLC (a subsidiary of EDF Renewables North America). At Atlantic Shores Offshore Wind, we’re more than a renewable energy company.

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.

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.

6 days ago · She declined to comment on whether Shell is seeking to monetize its stake. Atlantic Shores has already received federal approval for its construction and operations plans. In an October press release, an Atlantic Shores Offshore Wind executive said the approvals meant the project could begin construction in 2025.