Share 'PPH - Inability to Secure Power Purchase Agreement Halts NJ Wind Project'
The U.S. Department of Energy says Fishermen’s Energy failed to meet a Dec. 31 deadline to have a power purchase agreement in place.
The department is revoking most of the $47 million in funding it pledged to the project in 2014; about $10.6 million has been spent already on preliminary work.
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