So Orstead cancelled another wind project, this time off Delawar
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Cape May County - So Orstead cancelled another wind project, this time off Delaware. Just like us, they couldn’t make money on this one either. They said in a press release that this cancellation presents an opportunity to “ reposition “. The wind farm. Please allow me to interpret. We’ll build it if you want it, but it’s going to cost more. Or thereabouts. For those that are unaware of facts, these installations are typically removed at end of life 20-30 years, the removal paid and in the contract. 2 people we know waived those requirements to enhance the wind farm’s viability. We dodged a back end nightmare.
Print Publication Date:
2/07/2024