Orsted, a wind farm operator, has agreed to pay £33.14 million to the UK energy regulator Ofgem for breaching energy market rules. In a separate case, Orsted will pay the state of New Jersey $125 million to settle claims over the cancellation of two offshore wind farms, which is less than half of the original amount Orsted was obligated to pay. The settlement resolves disputes stemming from Orsted's decision to scrap the wind projects off New Jersey's coast.
Danish energy giant Orsted will pay New Jersey $125 million for scrapping two planned offshore wind farms last year. https://t.co/cG8MjxmsJe
Danish wind farm developer Orsted will pay NJ $125 million to settle claims over the company's cancellation of two offshore wind farms last year — a little over a third of what the company once was required to pay. https://t.co/wVPjJrP4Ye
New Jersey and wind farm developer Orsted settle claims for $125M over scrapped offshore projects https://t.co/3vYrgzzOtx
New Jersey to Receive $125 Million from Orsted in Legal Settlement Over Canceled Wind Farms https://t.co/rQKFKXc3Wu
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 - a little over a third of what the company once was required to pay. https://t.co/02ZRV9sAEP
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 October — a little over a third of what the company once was required to pay. https://t.co/10Q7Pr8u26
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. https://t.co/38i01YkAhe
The state’s Board of Public Utilities says the state and Orsted have settled claims against each other stemming from the company’s decision last October to scrap two wind farms off New Jersey's southern coast. https://t.co/0fRUVFOThA
The State of New Jersey has reached a settlement with wind farm contractor Orsted after the company bailed on offshore wind projects late last year. #LISTEN 🎧 https://t.co/mOGQDk0W0q
New Jersey to receive $125M payout in dispute over cancelled offshore wind farms https://t.co/GYIJPZyHpu
Global renewable energy giant Orsted will pay the state of New Jersey $125 million for pulling out of two offshore wind projects off the coast last year. That's less than half the $300 million Orsted originally if it failed to build. https://t.co/Eih1GiqBod
Orsted, New Jersey reach settlement over canceled offshore wind farms https://t.co/yWmHhz62YJ
New Jersey officials said the state will receive $125 million from a legal settlement with Denmark's Orsted over the company's cancellation last year of two offshore wind farms https://t.co/nBwdnTvGNw https://t.co/jGr1LQq1dy
Wind farm operators agree to pay £33m for excessive charging https://t.co/gr7jzzY0qX
A wind farm in Scotland will pay £33.14 million to UK energy regulator Ofgem for breaching energy market rules https://t.co/KOh8YWco1m