1Phil Murphy’s offshore wind dreams run out of air after latest cancellation.

TRENTON, NJ – The developers behind New Jersey’s largest proposed offshore wind project have officially pulled the plug, telling the state’s Board of Public Utilities they can’t move forward under existing contract terms.

In a letter filed with the Board, Invenergy Wind Offshore LLC said it will not proceed with the 2,400-megawatt Leading Light Wind project due to mounting economic and regulatory hurdles.

The decision effectively ends one of New Jersey’s most ambitious renewable energy efforts, halting years of planning and millions in early-stage investment.

Key Points

Invenergy notified the New Jersey Board of Public Utilities it cannot advance the 2.4 GW Leading Light Wind project.

The company cited sup

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