Siemens Gamesa said Portsmouth project would not meet “development milestones,” but sector participants seek new ways to keep land and water development moving forward.
The company, which says it must clear through pandemic and project-related claims and refinance its debt, also has announced a CEO succession, efffective in 2025.
Decision to move 2,500 employees from current downtown Washington, D.C., site and consolidate others at scattered locations, has been protracted and often controversial.