The New Jersey Board of Public Utilities (NJBPU) on Wednesday formally vacated its orders with respect to the 1,100-W Ocean Wind 1 and 1,148-MW Ocean Wind 2 offshore wind projects, which Ørsted A/S (<a href="https://www.nasdaqomxnordic.com/aktier/microsite?Instrument=CSE122544&name=%C3%98rsted&ISIN=DK0060094928" target="_blank">CPH:ORSTED</a>) decided to scrap development of in 2023.