July 5, 2023 — A company approved to build New Jersey’s third offshore wind farm says it, too, wants government financial incentives, saying its project and the jobs it would create are “at risk” without the additional help.
Atlantic Shores issued a statement Friday, shortly after New Jersey lawmakers approved a tax break for Danish wind developer Orsted, which has approval to build two wind farms off the state’s coast.
Elaborating on Monday, the Atlantic City-based Atlantic Shores said it has contacted the offices of New Jersey Gov. Phil Murphy, and leaders of the state Senate and Assembly, saying it seeks a “solution that stabilizes all awarded projects.”
It remains to be seen how the request will be received by lawmakers. The tax bill passed by a single vote Friday.
Atlantic Shores did not say precisely what sort of assistance it wants, and refused to publicly clarify its request, or discuss the likelihood of being able to complete the project with its current financing.