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Business & Economics

Atlantic Shores reaffirms commitment to New Jersey offshore wind despite Shell's write-off

Reuters
Summary
Nutrition label

81% Informative

Atlantic Shores reiterates commitment to delivering New Jersey's first offshore wind project.

Shell 's fourth-quarter earnings included $2.2 billion in impairments, part of which was a $1 billion write-off for the venture.

Shell is now looking to monetize its stake in the venture, a joint venture between Shell and EDF .

VR Score

90

Informative language

94

Neutral language

90

Article tone

formal

Language

English

Language complexity

71

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

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