Second Massachusetts project, SouthCoast Wind, files to terminate project power agreement, and could face up to a $60-million fine, while developers in New York and New Jersey seek contract cost adjustments
In three-year delay, companies cite “changing market conditions and subsequent high cost inflation” for drilling project after FEED contract award in April to engineers KBR and Hatch.
Much-anticipated project will eliminate the notorious bottleneck at Floyd Hill, the gateway to
Colorado’s mountains and a critical economic and tourism route.
Pennsylvania Gov. Josh Shapiro emergency declaration sets initial $7 million to repair damage after a tanker carrying a petroleum product caught fire early on June 11 under bridge in Philadelphia carrying northbound interstate lanes.