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Springfield, MO
Danish offshore wind company Orsted has called off plans for two wind farms off the coast of New Jersey.
“The world has in many ways, from a macroeconomic and industry point of view, turned upside down," said Orsted CEO Mads Nipper.
Orsted is expected to have to write off as much as $5.6 billion due to the decision.
Read more from The New York Times.
This installment of Springfield Business Journal’s Architects & Engineers Project Report showcases 26 endeavors by area design and engineering professionals.
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