Business
New Jersey to get $125 million from Orsted after offshore wind projects halted
Orsted DK:ORSTED will pay New Jersey $125 million after the Danish energy company decided to cease development on the Ocean Wind 1 and Ocean Wind 2 projects, according to the state’s Board of Public Utilities.
The funds will be used to support investments in qualified wind energy facilities and other clean energy programs, the board said Tuesday.
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