NJEDA ANNOUNCES LAUNCH OF NEW CANNABIS GRANT PROGRAM

The New Jersey Economic Development Authority (NJEDA) Board announced today the creation of the Cannabis Equity Grant Program, aimed at helping start-ups in the state develop with assistance for early-stage expenses and technical training. Up to $10 million in state...
Ørsted acquires PSEG’s stake in offshore wind project

Ørsted acquires PSEG’s stake in offshore wind project

Ørsted, the Danish company constructing offshore wind farms off New Jersey’s shoreline, intends to gain full control of one of the projects, Ocean Wind 1. The company announced its acquisition of Public Service Enterprise Group’s 25% stake in the project Wednesday,...