Wind energy projects: First NY, now NJ

A few weeks back, I mentioned the story of New York offshore wind projects. One major player in that project was Danish company Orsted

Orsted in the news again - this time in New Jersey, and a $4B writedown

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After I read the above, I thought about an old radio commercial where two guys are going back and forth on items they need for a road trip. Each time the other person responds check. When they get to “car” - silence.

I think Ocean Wind could have been the same situation, but replace “car” with “ship”