Hot off the presses this morning...
Orsted, the Danish Company with lease rights to two (2) areas off the coast has canceled the project as of today. Citing supply chain issues, interest rates, etc., they are out.
Our Governor (Murphy) is not a happy camper as this is his pet project, which he worked out a lot of tax credits, and other financial aide to Orsted for this project.
The 'land' part of the project is being debated with the BPU this week, and may continue.